Home Commercial News Deal worth £170m signed for Meridian Water infrastructure

Deal worth £170m signed for Meridian Water infrastructure

48
0
Deal worth £170m signed for Meridian Water infrastructure

A £170m Government funding is signed by North London’s Enfield Council to deliver infrastructure to unlock the £6bn Meridian Water project. A planning permission was already secured by the council for the works.

Also, the council approved a framework contract with Vinci Construction, BAM Nuttall, and Volker Fitzpatrick. The shortlisted firms will deliver civil works for the vast housing project. Work is now expected to start on site by Autumn 202.

The project will provide rail and road infrastructure with cycle links too, parks, flood alleviation and utilities, and bridges. The key infrastructure works will run until 2024. The central boulevard is the main project that will be delivered.

Central Boulevard will be passing through the whole of the development, stretching from the new Meridian Water Station to Lee Valley Regional. The Government’s Housing Infrastructure Fund has released the cash for this project.

It is designed to unlock housing sites and help deliver new homes. 10,000 homes and 6,000 jobs are aimed with the Meridian Water project. The homes will be marketed predominantly to local residents.

LEAVE A REPLY

Please enter your comment!
Please enter your name here