Jobs boost as groundwork begins on £6bn North London regeneration scheme
Groundwork has begun on a £6bn regeneration scheme which will see the construction of 10,000 homes in North London.
The Meridian Water site in Edmonton will also see the construction of roads, bridges, cycle lanes, water, gas and communications to service the homes.
Enfield Council has entered into a framework agreement with Vinci Taylor Woodrow, BamNuttall, and VolkerFitzpatrick to deliver the £90m works.
The work is expected to generate 150 jobs supporting ten skilled apprenticeships with at least £4m of contracts going to local construction companies.
Work on the first 300 homes will start later this year and the first completions are due in 2022.
Cllr Nesil Caliskan, Enfield Council leader, commented: “Successfully delivering the infrastructure on the site will be a major step forward in what will be a transformational plan for the area, providing homes, jobs and parkland for the lasting benefit of our borough’s residents.”
The area’s former Vehicle and Operator Services Agency building is also being converted to create workspace for up to 1,000 freelance workers and small businesses. The entire regeneration scheme is due to take place over 25 years.
Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning London email for free.