The planning framework for development of almost 4,000 hectares of the Upper Lee Valley was revealed at a packed event in City Hall last night (23 July 2013).
The Opportunity Area Planning Framework for the Upper Lee Valley, published by the mayor of London, encompasses opportunity sites in Enfield, Haringey, Waltham Forest and Hackney. The area has the capacity to meet some of the growing demand for housing and employment in London, following ongoing regeneration of the Lower Lee Valley, which was boosted in the run-up to the 2012 Olympics.
Deputy mayor Sir Edward Lister said that the Upper Lee Valley currently has low housing density with the capacity for existing communities to expand. "The Upper Lee Valley has got to reach its full potential, which could deliver 20,000 homes and 15,000 jobs," he said.
Three of the four council leaders set out their vision to build new communities, provide housing and create jobs.
Presenting the masterplan for the 85-ha Meridian Water development, Enfield Council leader Doug Taylor said: "Meridian Water is the main regeneration area in Enfield and has the scale to deliver real change for the sub-region, with the capacity to become a unique north London destination. The River Lee and Lee Navigation form the backbone of the Lee Valley Regional Park, connected to the Thames via the canal system, with excellent opportunities for cycling and walking, it will be attractive for investment and regeneration."
Taylor added that up to 5,000 new homes of mixed tenure and high quality design would form the new eco-neighbourhood, which will also see the creation of up to 3,000 jobs.
Taylor also announced publication of the third edition of Opportunity Enfield: "The magazine sets out the way we see regeneration and new renaissance in Enfield."
The OAPF focuses on creating growth, sustainability and housing throughout an area of north London that covers 3,884-ha and includes the £1.3 billion Meridian Water development.
GLA head of transport Victoria Hills outlined how funding of more than £72 million, agreed by Network Rail and the mayor of London, will deliver an improved rail service with four trains per hour and a new transport hub to help improve connectivity. Hills said that consultation is also under way on the route for Crossrail 2, which would further enhance the area’s infrastructure.
Greg Clark, of the London Stansted Corridor Consortium (LSCC) and London Enterprise panel board member, chaired the event, which was organised by Opportunity Enfield publisher 3Fox International in partnership with the GLA. It was attended by 164 investors and specialists involved in the regeneration field.
Haringey Council leader Claire Kober set out plans for the regeneration of Tottenham and Waltham Forest leader Chris Robbins presented plans for the redevelopment of a series of industrial sites to create a new neighbourhood in Blackhorse Lane.
Enfield Council leader Doug Taylor at the launch of the third edition of Opportunity Enfield
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