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 £1.3 billion 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.
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 £10.7 billion boost to the UK economy by 2031.