Kier has been named as Enfield Council's chosen development partner to regenerate seven sites across the borough.
The sites – based on Parsonage Lane, Forty Hill, Lavender Hill, St Georges Road, Tudor Crescent , Jasper Close and near Holtwhites Hill – will see a total of 94 mixed tenure homes of one, two and three-bedroom houses and one and two bedroom apartments built – the first council homes in Enfield for several decades.
The developer will start work on the Parsonage Lane site in June this year.
Councillor Ahmet Oykener said: “We have taken an innovative approach to the planning and funding arrangements providing 37 affordable rented council-owned homes.
“A wholly owned council property company will be able to use the income generated from the remaining 57 homes to fund the whole development.”
Enfield Council is "looking for partnerships" for future development projects shared its leader, at the launch of the latest edition of OpEn…