The planning and urban design framework for one of the UK’s most significant development projects has just been unveiled by Enfield Council. Meridian Water, a new £1.3billion 85 hectare, eco-development, will provide up to 5,000 new homes and up to 3,000 new jobs.
Located just off the A406 North Circular and with outstanding road and rail links, Meridian Water will be highly accessible for its new residents, as well as those that already live in the local community.
The Meridian Water Masterplan was launched at City Hall on Tuesday 23 July alongside the Mayor’s Opportunity Area Planning Framework for the Upper Lee Valley, which includes Meridian Water.
Enfield Council Leader, Cllr Doug Taylor, said:
“The Meridian Water Masterplan developed by the Council in consultation with the GLA and landowners, is a deliverable framework that will guide and enable the private sector to invest with confidence.
“Not only will we be providing high quality waterfront living for families in a fabulous setting but we are also working closely with a number of partners to improve the infrastructure around this project to make sure the education, transport links and leisure infrastructure necessary for a development of this size are provided at the right time.
“Not only will Meridian Water provide thousands of new homes and jobs, but the better rail links Enfield Council has successfully lobbied for means that we’re protecting or creating 45,000 jobs throughout the Lee Valley and adding billions to the UK economy by 2031. This is a tremendous achievement and shows the benefits that councils can bring if they bring organisations together and co-ordinate their efforts for the wider good.”
Meridian Water will support traders and provide community shopping on residents’ doorsteps by providing a vibrant high street running through the middle of the development, which will include health and library facilities, schools, a police presence and local shops.
A technical college/university offering work based training skills and linked to employment and industry will be housed on the Meridian Water site to help train the next generation of workers and will be supported by two schools on the development to help meet the requirements of high quality, modern educational facilities for families living within the development and beyond.
The scheme will also provide high quality waterfront living, plenty of open spaces and leisure facilities for people to enjoy as well as opening up access to the wider Lee Valley and the leisure facilities on offer there.
Supporting the Meridian Water development is investment of £74million from Network Rail and the Mayor of London to fund the creation of a third rail from Stratford to Angel Road Station, which will serve Meridian Water, the upgrading of Angel Road to improve access for passengers, and the provision of a four train an hour service along the line. The cash was earmarked for the project after extensive lobbying by Enfield Council, supported by MPs and local businesses.
The regeneration of the Lee Valley will play a major role in boosting business as a whole and the improvement to rail infrastructure will play an absolutely vital role in helping to provide an estimated £10.7billion boost to the UK economy by 2031.