The 25-year project will see the Meridian Water site transformed into a new quarter for London. Situated on the doorstep of the Lee Valley Regional Park it will provide 10,000 new homes and generate thousands of jobs.
Enfield Council has successfully secured a Housing Infrastructure Fund grant through the Ministry of Housing, Communities & Local Government (MHCLG) to deliver the enabling works. This will provide greater site-wide connectivity through movement corridors and utilities, including new bridges, flood attenuation and contamination remediation, new public realm and highways. Planning permission for the works was secured earlier this year.
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Chris Sargent, Managing Director of Project and Programme Management said: "We are pleased to be working with the London Borough of Enfield on the creation of this new district for London and the Lee Valley. The Meridian Water development demonstrates the forward-looking nature of the Council and its commitment to driving the agenda for 21st century place-making.
"By drawing on expertise from both our infrastructure and real estate teams we have successfully unlocked major residential-led projects at Eddington in Cambridge, Aylesham in Kent, and Houghton Regis in Mid-Bedfordshire, and continue to work on complex sites across Nine Elms and Battersea. We look forward to building a long-term relationship with Enfield Council as we unlock this ground-breaking project."
