Housebuilder Galliford Try Partnerships has been chosen by Enfield Council to build the first homes – planned to be created by 2022 – at its £6bn Meridian Water scheme.
The first phase will provide 725 homes, including properties planned as affordable units, which will be built around the new Meridian Water train station.
The 20-year regeneration programme will provide 10,000 homes and 6,000 jobs, alongside new shops, community and leisure facilities, public squares, and road and rail networks.
Outline planning permission is already in place for the new homes, with work having started on the site in January 2017 to enable construction for the first phase called Meridian One.
Enfield Council’s cabinet chose the bid by developer Galliford Try Partnerships as the best choice for the project from four shortlisted companies.
Stephen Teagle, chief executive of Galliford Try Partnerships, said: “We are delighted to have been selected to work in close partnership with Enfield Council and the local communities on the delivery of Meridian One as a new vibrant mixed-use, mixed tenure neighbourhood.
“We will create an environment for local people to thrive – providing quality affordable homes, opportunities for local start-up businesses to flourish, great public spaces and a design which celebrates the parkland character of the Lea Valley.
“This is a great opportunity to demonstrate responsible and accountable regeneration through a responsible, accountable partnership.”
Councillor Nesil Caliskan said when she was elected Enfield Council's leader last May she was committed that “the council would get Meridian Water back on track”.
She added: “This is the start of a bright new era for Meridian Water and we welcome Galliford Try Partnerships to the team. We are extremely excited to be working with Galliford Try as they have demonstrated that they will be able to deliver quality, well-designed homes in a timely manner and social infrastructure that reflects the Meridian Water vision.
“This is a clear demonstration of the progress we are making and the confidence the development community has shown in the council to deliver one of London’s most exciting regeneration projects.
“I see Meridian Water as an extension of the local community and I am confident that Galliford Try will deliver a scheme that will benefit local people and the community first and foremost and in addition, will provide affordable homes and quality jobs in Enfield.”
The second phase of the Meridian Water development will focus on Leeside Road, which will have around 250 homes planned as affordable.
The search has started for a new developer for this phase called Meridian Two, which will also include workspace on the lower floors earmarked for the creative industries.
International law firm Trowers & Hamlins is to continue as main legal advisor to Enfield Council on its flagship £6bn Meridian Water…