Phase one approved for Meridian Water
by Marco Cillario Fri 12 August 2016, 6:18 pm
The £3.5 billion Meridian Water development moved a step forward after Enfield Council gave planning consent for work to start on the first phase and acquired a key site within the development area.
The council’s planning committee agreed on 28 June 2016 to grant permission to build the first 725 homes and a railway station, along with retail space, community and leisure facilities, play areas, public open spaces and associated infrastructure.
On 4 August, the local authority announced it had completed a multimillion pound deal to purchase Phoenix Warf, a site on the eastern side of the development area, meaning it now owns 18ha of development land – enough space for 5,000 of the proposed homes on the site.
The council said it expected to acquire eight sites on Meridian Water by the end of the year.
The news follows the appointment of Barratt London and Segro as development partners for the project, one of the largest in the country, which will deliver 10,000 homes and 16,700 jobs by 2036.
Councillor Alan Sitkin, cabinet member for economic regeneration and business, called Meridian Water a “revolutionary scheme” which will benefit north London as a whole and bring huge benefits to Enfield: "It will create the jobs and infrastructure which will underpin the borough's economy for many years to come.
"It will enable us to help our young people find skilled jobs, reduce unemployment and play an important role in bringing major companies and investment to Enfield.”
Councillor Ahmet Oykener, cabinet member for housing and housing regeneration, stressed that the project will help tackle the housing crisis in London.
Work on Meridian Water should start in spring 2017, with the first set of homes to be built by December 2018.