Meridian Water is well and truly underway. At the beginning of 2017 preparation work started on the first new homes and the new train station that will be delivered as part of Phase 1. Over the next 20 years the regeneration will deliver 10,000 new homes and thousands of new jobs with a Gross Development Value of £6billion.
Enfield Council has taken an unprecedented approach to Meridian Water. We are actively leading the entire project and directly investing around £350 million over the life of the project that will generate a return for the Council and local communities.
Currently best known as the home of Ikea and Tesco, Meridian Water benefits from the River Lea and the adjacent Pymmes Brook that pass through the site, providing the opportunity for waterside living and working and a canal-side environment, just 17 minutes direct to Stratford London and 24 minutes to London Liverpool Street.
The first 725 new homes, public spaces, shops and facilities are now being built along with the brand new Meridian Water railway station, funded and being delivered by Network Rail. The first trains will run in 2019.
Enfield has an exciting future and Meridian Water is a huge part of that. It will transform the economic base of the borough, creating the environment to attract a new mix of employer in the creative, professional, low-carbon, digital, media, hi-tech and engineering sectors, with a range of large businesses alongside dedicated space and support for start-ups. All benefiting from excellent transport and Internet connections in a high quality environment.
You can find out more about Meridian Water by visiting www.meridianwater.co.uk
Note: CGIs are for illustration purposes only and could be subject to change through design development.