Enfield is a magnet for businesses and developers. It has all the advantages of an outer London borough: good infrastructure, green spaces, attractive suburban housing, low crime levels, excellent education – and it forms part of the second largest employment corridor in London.
Enfield has always been one of London’s most important business destinations. It is the second largest industrial location in the capital with over 12,300 businesses providing almost 132,000 jobs.
However, as well as being a strong economic performer, Enfield is a rarity in London in that there is significant scope, including land for development, to accommodate and drive substantially more growth at affordable prices.
The key to unlocking this growth potential is first-class transport connections. With the West Anglia route improvements having been confirmed, Enfield’s excellent rail services are now being further enhanced. This will enable access from Enfield’s flagship development opportunity at Meridian Water to both Liverpool Street and Stratford in around 15 minutes from 2019. Likewise our Crossrail ambitions would mean even more frequent trains into Central London.
We have unashamedly ambitious plans for Meridian Water and want to see many thousands of permanent new high-quality, highly skilled jobs created – in what would be effectively regarded as a Central London location. However, our ambitions don’t stop there.
We want to attract international headquarters as well as SMEs (Small and medium-sized enterprises) and microbusinesses. We intend to develop our base for food, high value manufacturing and logistics whilst facilitating investment in key growth sectors including IT, professional services and life sciences.
We will also facilitate investment which supports the vibrancy and viability of our town centres whilst encouraging and accommodating growth in our retail parks.
Finally, we will maximise the benefits of this growth by ensuring our residents are well equipped to compete for and access these new jobs whether at entry level or with the highest skills requirement.