Law firm advises on Meridian One

Thu 12 March 2020, 10:25 am

International law firm Trowers and Hamlins has advised Enfield Council on Meridian One, the first phase of the borough's flagship Meridian Water project.

The project is a multi-phase regeneration scheme where the council will create 10,000 new homes, 6,000 jobs, as well as retail and leisure sites. The development already has a new Meridian Water train station that opened last summer.

The firm is advising on a number of matters including remediation of the land, negotiations with Network Rail, planning advice, property matters and connectivity to the heat network through the council's wholly-owned energy firm energetik. It has also provided help with the development agreement, procurement and state aid.

Other areas include advice on the use of the council's compulsory purchase powers and on drawing up the area action plan for the entire Meridian Water scheme.

Trowers and Hamlins has already worked closely with the council's project team to advise on the strategy for delivery of the scheme, following the local authority’s decision in 2018 to take control of the delivery of the development.

The firm’s head of real estate, Sara Bailey, said: "Creating a truly accessible, vibrant built environment is integral to all we do at Trowers and to have contributed to a project on the scale of Meridian Water that will create a mixed-use community with character and edge, fits with the fundamental aspects of our organisation.

“As one of the largest regeneration projects in the country, the scheme has demanded strong vision and collaboration between the public and private sector, and strategic alignment of infrastructure developments, which we are delighted to have helped facilitate."