Developers laud Meridian Water opportunity
by Marco Cillario Tue 12 July 2016, 2:54 pm
Developers selected for the £3.5 billion Meridian Water development have expressed satisfaction after being chosen to lead the project, which will create 10,000 homes and 16,700 jobs.
Barratt London and Segro were in May appointed by the council as development partners for the scheme, which was the main topic discussed at The Gherkin on 11 July 2016, an event held to launch the seventh issue of Opportunity Enfield regeneration magazine.
Stephen Kinsella, growth and partnerships director at Barratt, spoke of his team’s reaction to the appointment at the event: “When we received the news that we had been selected, we felt a mix of three emotions,” he told the audience, made up of 122 delegates from the property industry.
“First of all, joy – we wanted to win to have the opportunity to create a world-class destination at Meridian Water.
“Secondly, overwhelming relief – we had a huge consultancy team on this and I really didn’t fancy writing a failed bid on the budget.
“And third, a huge sense of responsibility: this is not an ordinary project; it is a massive undertaking for both Barratt and Segro. It will shape the future of Enfield and Edmonton for many generations to come, and together we have to take it right.”
According to Councillor Ahmet Oykener, Enfield's cabinet member for housing and housing regeneration, Meridian Water will play a significant role in easing the London housing crisis. The 85-ha site has been given housing zone status, meaning funding and provisions will be available to make the delivery of homes easier and quicker.
“This will reduce the costs of providing high quality affordable and social housing and will make our community stronger,” said Oykener.
Joanne McCartney, representative for Enfield and Haringey at the London Assembly and deputy mayor for London, said she had chosen Enfield as her home and the place to raise her family and was very proud of her council.
She added that Meridian Water enjoyed cross party support at the London Assembly.
After the speeches, the council’s chief executive Rob Leak told Opportunity Enfield that the “very well attended” event at The Gherkin had played an important role in the ongoing project for the area: “It strengthens our partnership network, and the Meridian Water project is built on very strong partnership: the more people get together the more successful this journey will be.”
He added that the council was particularly interested in businesses wishing to relocate in the area: “They would help very much to speed up the process.”
He also praised Opportunity Enfield magazine: “It is beautifully edited and gives a very good description of the many things going on in the borough,” he said.
Read the latest issue of Opportunity Enfield here