Four major developers and housing associations have been shortlisted to deliver the first housing site at Enfield Council’s Meridian Water scheme.
In total, 17 expressed an interest in delivering Meridian One, with 10 submitting their bids to the Council in October.
Meridian One is one of the first sites being offered for procurement via the GLA’s new London Development Panel to potential developer partners, accelerating the delivery of hundreds of new affordable and private homes.
The first 725 homes will be built around the new Meridian Water train station, alongside new public spaces, shops and leisure facilities.
Enfield Council will oversee the delivery of the site and select the successful development partner, further demonstrating a genuinely new way of working for a local authority.
Enfield Council’s flagship development continues to gain momentum as four major housing developers and housing associations have today been shortlisted to deliver the first housing site at Meridian Water.
Meridian One will see the first 725 homes built at Willoughby Lane, alongside new public squares, shops and leisure facilities. Outline planning consent is already in place for these new homes, with construction enabling works having already started in January 2017.
These homes will be delivered around the brand new Meridian Water train station, which is due to open in summer 2019 and serve up to four million passengers each year at its peak.
The announcement marks one of the first sites being brought forward for procurement via the Greater London Authority’s (GLA) London development Panel 2, and is the first stage of accelerating the delivery of the 10,000 new homes and thousands of jobs at Meridian Water.
Councillor Nesil Caliskan, Leader of Enfield Council, said of the shortlist:
“This is another clear demonstration of the progress we’re making at Meridian Water and the confidence the development community has shown in the Council to deliver one of London’s most exciting regeneration projects.
“It is the Council’s aspiration to create a new destination where local residents and Londoners can afford to live in a vibrant and exciting setting.
“By taking control of the vision for Meridian Water and overseeing its delivery, we are now able to select the right development partner for each phase and accelerate the delivery of the first housing site at Meridian One, creating hundreds of new homes, as well as much-needed affordable housing, and new public squares, shops and leisure facilities for the benefit of local residents and Londoners.”
Out of 17 developers and housing associations that expressed an interest in delivering Meridian One, 10 submitting their bids to Enfield Council in October, with four now shortlisted to bring the scheme forward. An announcement on the chosen development partner will likely be made in spring 2019.
Progress is also being made on bringing forward a further housing site for Meridian Two at Leeside Road, which will deliver 200 affordable homes, earmarked for ‘makers and creators’ that will use new workspaces on the lower floors. This will be complemented by a new employment hub for around 900 new jobs at a 2-3 acre site along the North Circular.
The Council is also progressing a detailed business case for the Housing Infrastructure Fund, which if secured in full, will see £156m of government funding connect all parts of Meridian Water to the new train station and improve the frequency of train services.
All this work will help the Council achieve its vision for Meridian Water, which is based around three pillars:
Mixing uses and animating streets
Park life at your doorstep
Your place to make and create