The investment proposition:
Enfield Council is seeking development partners for a variety of upcoming residential and mixed-use opportunities to deliver high quality transformational regeneration. Partnership arrangements can be structured to meet the needs of the partner and the opportunities presented by individual sites.
Development parcels at Meridian Water are being brought to market, and in 2025 we anticipate M3 and M4 will come forward, with the potential to deliver 900 new homes alongside 194,000 sq ft of student accommodation and over 54,000 sq ft of commercial floorspace.
Key facts:
Meridian Water is one of London’s largest regeneration projects spanning 85 hectares. Having invested £400 million, Enfield Council is the master developer bringing 10,000 homes and 6,000 high-quality jobs to Upper Edmonton in North London, next to the Lee Valley Regional Park. There will be 22 Meridian development parcels coming forward over the next two decades. Meridian One is under construction, delivering around 1,000 homes and commercial space next to the new Meridian Water train station. Further development parcels are being launched to the market in 2025.
With £195 million secured in Government funding, an extensive Strategic Infrastructure Works program is underway. New parks, roads, bridges, environmental and transport improvements are unlocking future development plots. These improvements will also enable delivery of a new town centre, which will form the heart of Meridian Water community. Improvements to the capacity of the West Anglia Main Line (WAML) promise to further boost the connectivity of Meridian Water. Enfield Council is currently working with partners to devise a robust funding case. As part of the successful HIF funding application technical designs have been completed to GRIP 4 stage, so enabling works can start promptly.
