BDC

Galliford Delivers Meridian Water’s First Homes

2_258646_Galliford-Try

Galliford Try Partnerships has been named to deliver the first 725 homes at Enfield Council’s £6 billion Meridian Water scheme. After a robust evaluation of four very strong bids, Enfield Council’s Cabinet decided that developer Galliford Try Partnerships is best placed to deliver on value, quality, design and financial robustness.

“This is the start of a bright new era for Meridian Water and we welcome Galliford Try Partnerships to the team. We are extremely excited to be working with Galliford Try as they have demonstrated that they will be able to deliver quality, well-designed homes in a timely manner and social infrastructure that reflects the Meridian Water vision,” said Enfield Council’s Leader, Cllr Nesil Caliskan.

The first homes will be built by 2022 and will include a significant number of affordable units, as well as new public squares, shops and leisure facilities. The new homes will be delivered around the new Meridian Water train station, which is due to open next month and serve up to four million rail passengers a year. Outline planning permission is already in place for the new homes, with construction enabling work having started in January 2017.

The first phase forms part of the £6 billion Meridian Water development, which will deliver 10,000 homes and 6,000 jobs, alongside world-class public spaces, community facilities and road and rail networks.

“We are delighted to have been selected to work in close partnership with Enfield Council and the local communities on the delivery of Meridian One as a new vibrant mixed-use, mixed-tenure neighbourhood. We will create an environment for local people to thrive – providing quality affordable homes, opportunities for local start-up businesses to flourish, great public spaces and a design which celebrates the parkland character of the Lea Valley. It is a great opportunity to demonstrate responsible and accountable regeneration through a responsible, accountable partnership,” commented Stephen Teagle, Chief Executive of Galliford Try Partnerships.

In addition, the search for a new developer for Meridian Two, at Leeside Road has also started. The scheme will deliver circa 250 affordable homes with workspace on the lower floors, earmarked to bring makers and creators to the area.

The appointment of Galliford Try Partnerships as the Master Developer for Meridian One is subject to call in, the statutory stand-still period and is also subject to contract.

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BDC 301 February 2023