Regeneration programme to incorporate 5000 new houses in £2 billion North London project
To overcome the shortage of living accommodation within London, three major contracting groups have been shortlisted in a £2 billion project bid to develop 5,000 new homes and a new town centre within Wood Green and the Tottenham area, situated in the London Borough of Haringey in a 20-year project.
Affinity Sutton with Morgan Sindall and Circle, Lendlease, and Pinnacle with Catalyst and Starwood Capital have all been selected in the bid to work alongside Haringey Council to ensure the regeneration project will benefit all citizens across the borough and create new jobs through the ongoing development.
The successful contracting group will also work alongside Haringey Development Vehicle through the development of the borough. The winner for the bid is to be finalised by the start of 2017.
The Leader of Haringey Council, Councillor Claire Kober said: “Today we are a step closer to appointing a partner to deliver one of the biggest regeneration programmes in the UK. This £2billion programme underlines our ambition for Haringey and will transform our borough and the role it plays in London, with thousands of new jobs and homes for current and future residents.”
Read the July 2016 issue of Construction Global magazine