A joint venture of Barratt & Segro is believed to have won the race to become development partner on Enfield Council’s £2.5bn Meridian Water scheme.
Three firms were in the final running for the 8,000 home project.
But the Enquirer understands that the Barratt team has now been given the nod it will be moving the project forward.
The other runners to lose out are Berkeley Homes and Pacific Century Premium Developments and Balfour Beatty.
Meridian Water is an 85 hectare site adjacent to the waterside environment of the Lee Valley Regional Park only 20 minutes from Central London.
The appointed developer’s role will be to provide the 8,000 new homes, the full range of neighbourhood facilities and create 3,000 jobs by 2035.
Enfield Council was unavailable for comment.
Via Construction Enquirer. View original article here.