Berkeley Homes, Barratt and Segro and Pacific Century Premium Developer (PCPD) are the three shortlisted for the second stage in selection of a master developer for Meridian Water, Enfield Council has announced.
The decision on a developer or consortia will be made early in 2016, with the appointed partner beginning the project to deliver 8,000 new homes, the full range of neighbourhood facilities and support the creation of 3,000 jobs by 2035. To date, the authority has purchased 15ha of land to build an initial 4,000 homes.
The 85-ha, £2.5 billion investment is adjacent to the waterside environment of the Lee Valley Regional Park, and will be only 20 minutes from central London.
The council’s cabinet member for economic regeneration and business development, Councillor Alan Sitkin, said: “We need a world-class partner to help us deliver a world-class development. Meridian Water will transform our borough and play a signifi cant role in driving the growth in north London.
“The shortlist contains developers of international renown, and I am really excited about who our successful partner is going to be. They will be instrumental in helping us deliver this ambitious scheme to create thousands of homes and jobs in a superb waterfront environment.”
International law firm Trowers & Hamlins is to continue as main legal advisor to Enfield Council on its flagship £6bn Meridian Water…