Enfield Council has purchased three plots of land to build 1,500 homes at the 85-ha, £1.5 billion Meridian Water scheme in Edmonton.
The purchase comes as the authority prepares to launch a procurement process through the Official Journal of the European Union to appoint a master developer for the scheme. Plans for Meridian Water include 8,000 homes, improved transport links, schools, shops, restaurants and a health centre. Enfield Council estimates the project will create 3,000 jobs.
An event for the council, organised by Opportunity Enfield publisher, 3Fox International, will be attended by potential developers for the project, who will come to find out more about the scheme and meet the team behind the project before the tender process begins. Enfield Council’s chief executive, Rob Leak, and regeneration programme director, Peter George will host the event. It takes place at the New London Architecture centre on 8 June between 5 and 8pm. Richard Blakeway, deputy mayor for housing, land and property will be a keynote speaker at the event.
The council’s cabinet member for economic regeneration and business development, Councillor Alan Sitkin, said: “Our holistic vision of bringing together employment opportunities with transportation, retail, leisure and housing means that Meridian Water is bound to become one of London's most sustainable addresses in the years to come."
Enfield has also purchased nine hectares of land from National Grid. It has also applied to the Greater London Authority (GLA) for Housing Zone status – a government and GLA initiative to accelerate the planning process of housebuilding in selected areas. A decision on Meridian Water is expected soon and the authority is also looking to buy three more sites which would enable a further 2,500 homes to be built.
Planning for transport infrastructure at the scheme has been implemented. Network Rail has approved funding to provide a third track to increase rail provision to the development to four trains per hour from 2018. In March this year, cabinet approved a funding package so the new Meridian Water station could be built during the same year.
Elsewhere at the scheme, the Meridian Angel primary school has been given planning permission and will open next year (2016). Plans for the Meridian Boulevard are underway, with building work due to start this year, and the Lee Valley Heat Network company has been established to supply heat and hot water to homes at Meridian Water in 2018.
Real estate specialist company, JLL, is acting as commercial advisers for the project.
To request an invitation, pleas contact email@example.com
Please note, spaces have to be prioritised for potential development partners (developers, registered providers, PRS operators). Places are limited to two guests per company.
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