Many London areas went through the process of gentrification and Shoreditch is a very popular example. Currently Southwark Council has introduced a £3bn programme in the Elephant and Castle which will create a new destination for London over the next 15 years.
Although we are still at the beginning of that process the area started to resemble a lot of trendy Shoreditch. This slideshow demonstrates similarities that are already visible.
Based on Shoreditch which is more desirable now than it was 20 years ago potentially improvements in the Elephant will do the same for this area.
"Old street-new spaces" - How gentrification affects London?
