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Barratt, Segro selected for £3.5bn Meridian Water redevelopment

Barratt is partnering with Segro to develop Enfield Council’s £3.5bn Meridian Water redevelopment in Enfield, UK.The project includes the construction of 10,000 homes, a new water station and a full range of neighbourhood facilities.The Meridian Water site has already been given the housing zone status, allowing the development team to provide new housing in less time.Barratt London will lead the residential portion of the development, while Segro will create the urban logistics and industrial space.Segro's business unit director for Greater London Alan Holland said: “Being selected as the development partners with Barratt London for the regeneration of Meridian Water is great news.“We have a longstanding relationship with the borough with a number of industrial schemes already up and running, bringing real jobs to Enfield and the wider region.“We have a proven track record in delivering successful places for business to thrive, creating employment opportunities and helping attract inward investment to the area helping to create a sustainable community alongside the residential offering.”