Enfield Council seeks partner for phase II of £6bn Meridian Water scheme
March 22, 2019 – Enfield Council of the UK is looking for a development partner to deliver Meridian Two, a mixed-use scheme with 100% affordable housing and workspace, at its £6bn Meridian Water project.
Meridian Two will deliver the first 100% affordable homes as part of the mixed-use scheme, including new workspaces for local people.
A regeneration scheme on 85 hectares of land, Meridian Water is expected to provide 10,000 new homes and 6,000 jobs in a new district in London.
The programme will also deliver schools, health facilities, rail infrastructure and new open spaces.
With 200-250 homes, Meridian Two will reflect the key principles outlined in the Vision for Meridian Water, and the homes and workspace will be completed by 2022-23.
The council’s plans for a wider development will include prioritising the benefits for local people, creating a new economy for the Lee Valley, offering a choice of affordable homes for local people and be designed to prioritise walking and cycling by choice.
Enfield Council leader Councillor Nesil Caliskan said: “Enfield Council has taken control of the Meridian Water development and the delivery of Meridian Two supports our vision of creating a truly mixed use community for the capital.
“This latest announcement showcases the public sector at its pioneering best, we are speeding up the delivery of new homes and jobs at Meridian Water and continuing to make good progress towards delivering this major £6bn, 20 year regeneration programme which will deliver thousands of homes and jobs to Enfield.
“We want a development partner who shares our passion and who wants to help us deliver this world class development.”
The site of Meridian Two is located less than half a mile south of the North Circular (A406), 1.5 miles to the north of Tottenham Hale and 4.2 miles to the south east of Enfield town centre.
It is bounded by Leeside Road to the south, Ikea to the north and west and Pymmes Brook to the east.
The project’s first phase, Meridian One, and the new Meridian Water station are located approximately 0.2 miles away.
Covering an area of approximately 0.7 hectares, the site is owned freehold by Enfield Council.