Out-Law News 1 min. read

Enfield unveils £1.3bn draft masterplan for 5,000 new homes


Enfield Council has unveiled a £1.3 billion draft masterplan for the regeneration of a 200 acre site alongside north London’s Lee Valley Regional Park, which will be called Meridian Water. 

The draft masterplan, developed by LDA Design, proposes 5,000 new homes, three new schools, a range of supporting community facilities, a new high street and diverse parklands. It also aims to support the creation of 3,000 new jobs.

The proposals aim to create a new mixed-use waterfront community and one of London's largest regeneration and investment opportunities, which when completed would create one of the biggest eco-developments in the UK.

It has been designed to create a new opportunity for canal and riverside living in London by "revitalising" the valley’s waterways, improving parkland and recreational space and reconnecting the area with the resources of the Lee Valley Regional Park, the Council said.

Public consultation on the draft masterplan will run until 3 August and will seek views from local residents, businesses, community groups, investors and other stakeholders as the plans evolve. The Council plans to finalise the masterplan by the end of the year.

Sustainability targets include plans for a comprehensive district heating network supplied by waste heat and public transport proposals include a central transport hub linked to Angel Road Station, redirected bus routes and improved rail services to Liverpool Street and Stratford.

"Meridian Water is the most significant contribution to the transformation of Edmonton and it will play a significant role in driving the expansion of North London for decades to come," said Cllr Del Goddard, Enfield Council's cabinet member for business and regeneration. "It will overcome years of decline and will create a fantastic waterfront development that people will be proud to call their home."

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