Enfield Council seeks development partner for £6bn Meridian Water project

26 Jul 2018 EUROPE BUILDINGS

Enfield Council is seeking a developer partner to support it construct about 1,000 homes in the initial phase of £6bn Meridian Water project in London, UK.

Three development sites are being brought forward, with the first site being offered via the GLA’s London Development Panel immediately after the summer. The sites will be offered on the basis of a development agreement rather than a sale of the land.

The first site, located at Willoughby Lane, has an outline planning permission for 725 homes. Currently, the site is being remediated by the council and is adjacent to the new Meridian Water Station which opens in May 2019.

The second site, the Leeside Road Gas Holder site, will be included in an outline planning application for the wider area, which the council is bringing forward, linked with the council’s bid to the Housing Infrastructure Fund, which will see workspace on the lower floors with around 200 affordable homes above.

The third site, which is about two-three acres alongside the North Circular where Harbet Road meets Argon Road, which would be suitable for a new employment hub, creating around 900 new jobs.

Meridian Water is a major London regeneration programme, which is being led by Enfield Council.

Meridian Water is a dedicated Opportunity Area and a Housing Zone, supported by the Greater London Authority. The site can be accessed easily as it is bounded by the North Circular Road (A406), A10 and M11.

Councillor Nesil Caliskan, Leader of Enfield Council, said: “We will select development and other partners to work with the Council to bring forward specific parts of the regeneration, whether that is for housing delivery, new employment spaces or meanwhile uses, and we will hold the vision for Meridian Water and oversee its delivery.

“I am pleased to say that we are also ready to accelerate delivery and will bring forward the first housing site, which will see hundreds of private and affordable homes built around the new train station. A second housing site and a site for a major employment hub will then follow.”

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Image: A rendering of Meridian Water regeneration scheme. Photo: courtesy of Enfield Council.

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