FREQUENTLY ASKED QUESTIONS
1. What are the benefits of this development?
Meridian Water is Enfield Council’s £6bn 20-year regeneration project which will create 10,000 homes, including thousands of affordable homes, to help to ease the London housing crisis and provide homes for local people. Construction enabling works have already begun on the first 725 homes, and a brand new railway station will open in 2019, with work already begun.
Meridian Water will also provide thousands of high quality new jobs (including approximately 10,000 construction jobs throughout delivery) and benefit the local, regional and national economy.
Enfield Council will also look to establish a dedicated training offering to provide a programme of traineeships and apprenticeships to help local people gain the skills needed during construction and beyond.
With excellent transport and internet connections in a high quality environment, Meridian Water will attract major employers in fast-growing sectors alongside growing start-ups. It will represent a step-change away from industrial warehousing and logistics type uses which are relatively plentiful in the Borough, offering higher skilled, higher paid employment opportunities for local people.
2. What are Meridian Water’s timescales?
Meridian Water will be a 20-year regeneration programme, however 2017 in particular has been a significant and exciting year as the project finally moved from a vision to a reality. January 2017 marked the start of construction enabling works on the first phase of new homes, due to be delivered alongside a new Meridian Water station that will open in 2019
- January 2017 – Meridian Angel Primary School fully operating from its new buildings.
- January 2017 – Construction enabling works start on Meridian Water’s Phase One, delivering 725 new homes, shops and public spaces around the new railway station.
- November 2017 – Construction works start on Meridian Water station.
- 2018 – Building Bloqs @ Meridian Works and ACAVA @ Meridian Works opens.
- 2019 – The new Station at Meridian Water is planned to open, triggering the delivery of the first new homes.
- 2020 – first new homes occupied
3. Who is paying for it?
The £6bn scheme is being financed by Enfield Council and its partners. The Council’s investment will be returned through value generated through the project, with it being reinvested for benefit of enfield communities. Additional funds have also come from the Council’s strategic partners including Greater London Authority, through its Housing Zone designation, and Network Rail.
4. Has planning permission been achieved for the first phase of development?
Outline planning permission was achieved – with unanimous consent – in Summer 2016 for the first 725 new homes and new Meridian Water station on Willoughby Lane.
5. When will the first homes be delivered?
We anticipate building of the first phase of homes will commence in late 2018 with the first completions in 2020.
6. How many homes will be delivered?
In total, 10,000 new homes are proposed for the entire Meridian Water site – the first 725 of which will be delivered on the Phase one Willoughby Lane site.
7. What percentage of these homes will be affordable?
Enfield Council has offered, subject to financial assistance from the GLA to provide 40 per cent affordable housing on the site as part of its wider efforts to tackle the London wide housing crisis. It is proposed that approximately half of the affordable homes will be available for social/affordable rented housing.
Meridian Water will provide some of the most affordable housing within London and will be delivered to a very high design standard.
8. Will there be any job and training opportunities and how many will be created over the course of the regeneration?
Meridian Water will represent a step-change away from industrial warehousing and logistics type uses which are relatively plentiful in the Borough, offering higher skilled, higher paid employment across the thousands of high quality jobs which will be created. Approximately 10,000 jobs will also be created during construction.
Enfield Council will also look to establish a new Built Environment Training Centre to provide a programme of traineeships and apprenticeships to help local people gain the skills needed during construction and beyond.
Thousands of high quality new jobs will be created at Meridian Water, including approximately 10,000 construction jobs through the delivery stage. Meridian Water will represent a step change away from the industrial and warehousing and logistics type uses which are relatively plentiful in the Borough, offering instead higher paid employment for the area.
We believe Meridian Water has the ability to transform the economic base of the Borough.
9. How many of these jobs will be ring-fenced for local people?
It is a commitment of Enfield Council to ensure our local residents are the priority for all of the jobs.
In addition to the permanent jobs created on site, Enfield Council will also look to establish a dedicated training offering to provide a programme of traineeships and apprenticeships to help local people gain the skills needed during construction and beyond.
10. How many of these jobs will pay the London Living wage?
The Council expects all of the jobs delivered by the developer to pay the London Living Wage.
11. What open spaces and parks will there be?
Meridian Water will deliver a rich variety of accessible open spaces, including direct access from Meridian Water to the Lee Valley Regional Park – perfect for sports, summer walks and picnics. There will also be new parks, public squares, outdoor spaces and open gyms.
12. What changes to transportation will there be?
Work has already begun on a new railway station at Meridian Water, opening in 2019 at the Willoughby Lane site, which will provide a more regular service to Stratford London and London Liverpool Street and north to Stansted and Cambridge. There is also the potential for the new station to be connected to Crossrail 2, which could bring up to 14 trains per hour.
Meridian Water will also include cycle lanes and suitable bus provision to ensure the development is well connected. Roads and car parking availability are all part of the plans currently under consideration.
13. What value will Meridian Water add to the UK economy?
We estimate the development at Meridian Water will add in the region of £3 billion to the UK economy by 2036.
14. Do you have any plans for the site during construction?
Meridian Water will be a long-term 20-year programme and so it is absolutely our intention to utilise some of the site as meanwhile use and provide bespoke opportunities for start-up businesses to thrive. We love the thought that businesses can start life this way and then grow and evolve with the scheme.
With this in mind, Meridian Water will be home to Meridian Works, a haven for makers and creators. Meridian Works will be a series of places and spaces tailored specifically towards small businesses, start-ups and freelancers in a major boost to the ‘maker’ economy of London. The first phase of Meridian Works is the creation of Europe’s largest open workshop for Building Bloqs and ACAVA (Association for Cultural Advancement through Visual Art) supporting 300 jobs, which will open in 2018.
We are also looking to bring in high-end fashion manufacturing and brewing to the site to help create London’s newest neighbourhood. Further news is expected on this through 2018.
15. When will the new station be delivered?
November 2017 marked the start of construction works for the new Meridian Water station, which will open in 2019.
16. Why have discussions with Barratt London been terminated?
Barratt had been selected as the preferred bidder at an Enfield Cabinet Meeting on 18 May 2016 following a procurement process, however following the subsequent negotiations, Enfield Council informed Barratt that their revised terms were unacceptable which has now led to discussions with them ending.
Meridian Water remains one of the most exciting development opportunities anywhere in London but we were simply not prepared to sign up to what we considered to be a poor deal for the residents and businesses of Enfield.
17. Are you now looking for a new development partner?
Enfield Cabinet agreed on Monday 30 October that the Council would approach the Reserve Bidder, Pacific Century Premium Development (PCPD), to begin preliminary talks on Meridian Water.
Any options for how the delivery of Meridian Water can be taken forward will be carefully assessed to ensure they best meet the interests of the people of Enfield and will be taken back to Cabinet for final decision.
18. Will there be a delay in delivering the first homes at Willoughby Lane given you have to find a new development partner?
We are certainly not starting from scratch and Meridian Water is in a far better position than where it was 18 months ago.
We are very aware of the options before us and we will be carefully assessing the bid by PCPD.
We intend to minimize any impact on the overall development programme and do envisage making a further announcement shortly.