Meridian Water bid put forward

By James Renoux-Wood - Tue 19 August 2014, 9:37 am

Enfield Council has become the first local authority in London to submit a bid to the Greater London Authority (GLA) for an area to be identified as a key housing zone.

As Opportunity Enfield reported in June, the £1.5 billion regeneration scheme, Meridian Water, has been put forward for identification as a housing zone – an initiative launched by the mayor of London and the chancellor of the exchequer (pictured above) in June to accelerate the number of houses being built in the capital, by lifting planning restrictions and providing additional funding.

Meridian Water was one of five zones initially shortlisted by the GLA and was chosen by the mayor of London to publicise the launch of the initiative. Enfield Council said that including the scheme among the chosen zones would help to speed up the delivery of up to 5,000 new homes at the site, as well as encouraging more homes to be built in areas close to the development.

Leader of Enfield Council, Doug Taylor, said: "A housing zone would help to stimulate the construction of additional homes in areas adjoining Meridian Water, potentially increasing total supply in both areas from around 5,000 homes to approximately 8,500 homes.

"If we receive funding support from the GLA to make Meridian Water a housing zone we could start work on key infrastructure later this year, which would be brilliant news for Enfield and good news for Londoners generally."

The deadline for local authorities to submit bids for housing zone designation is 30 September 2014.