Enfield Council has unveiled a masterplan for the regeneration of a 200 acre (82 ha) area alongside north London’s Lee Valley Regional Park – to be known as Meridian Water.
The proposals will create a new mixed-use waterfront community and one of the capital’s largest regeneration and investment opportunities. When completed it will be one of the biggest eco developments in the UK.
The masterplan, developed by LDA Design, seeks to build 5,000 new homes and create 3,000 new jobs as well as three new schools and a range of supporting community facilities, a new high street retail core and diverse parklands.
It has been designed to create opportunities for canal and riverside living in London by revitalising the valley’s waterways, improving parkland and recreational space and reconnecting the area with the resources of the Lee Valley Regional Park.
Enfield Council's cabinet member for business and regeneration, Del Goddard, said: "Meridian Water is the most significant contribution to the transformation of Edmonton and it will play a significant role in driving the expansion of north London for decades to come.
"It will overcome years of decline and create a fantastic waterfront development that people will be proud to call their home."
Meridian Water will also deliver improvements to public transport including a central transport hub linked to Angel Road Station, redirected bus routes and proposals for improved rail services on the line connecting the area to Liverpool Street and Stratford.
Public consultation on the masterplan will run until 3 August and will seek views from local residents, businesses, community groups, investors and other stakeholders as the plans evolve.
Copies of the proposals can be found at www.enfield.gov.uk/meridianwater
Enfield Council is "looking for partnerships" for future development projects shared its leader, at the launch of the latest edition of OpEn…