Five bidders have made the shortlist for a landmark £2bn housing development in North London.
Enfield Council has shortlisted Berkeley Homes, Barrett & Segro, Peabody, and joint bids from Taylor Wimpey & Dorchester and PCPD & Wilmott Dixon for its 85-hectare Meridian Water Development near Lee Valley Regional Park.
The successful developer is expected to be named early next year and will build 8,000 new homes, a full range of neighbourhood facilities as well as drive wider regeneration in north London.
It is hoped the development will create 3,000 new jobs by 2035.
Enfield Council’s cabinet member for economic regeneration & business development Alan Sitkin, said: “We need a world class partner to help us deliver a world class development.
“I am delighted to see the shortlist contains developers of international renown, and I am really excited about who our successful partner is going to be. They will be instrumental in helping us deliver this ambitious scheme to create thousands of homes and jobs in a superb waterfront environment”.
Enfield Council has already made progress on a number of infrastructure projects that will supply the new development.
These include the new Meridian Water train station that could be finished as early as 2018, a new primary school to open next year and a new boulevard with trees and shops that will run through the development.
Consultancy firm Arup has been named as the lead planner for the project, with architect firms Karakusevic Carson and OKRA also assisting the council.
Enfield Council’s cabinet member for housing and housing regeneration Ahmet Oykener, said: “This is an ambitious, innovative and exciting project which will make a huge difference to the lives of thousands of families in Enfield. It demonstrates the Council’s commitment to large scale regeneration schemes which provide a tangible benefit to both individuals and the wider community.
“This list of key developers gives me a real sense of pride in the project, and I look forward to working closely with the successful company.”