The JV was up against Berkeley Homes and a Balfour Beatty-led team, which joined up with Hong Kong-based developer Pacific Century Premium Development, as revealed by Construction News in February.

Meridian Water represents one of the largest housing developments in London.

Once finished, it will provide 10,000 homes as well as supporting infrastructure, a railway station and retail space. It is also expected to create 6,000 construction jobs.

Enfield Council cabinet member for housing and regeneration Ahmet Oykener said: “Now we can start getting boots on the ground and proceed with this transformational project for Edmonton and the wider area and create a truly world-class development which will improve the quality of life for tens of thousands of people.”