Following a special 2 day hearing, the Barnet Council Planning Committee last night resolved to grant consent for the £4.5bn Brent Cross Cricklewood regeneration. The £4.5 billion (approx. 5 bln.) regeneration plans will deliver 7,500 homes, 27,000 jobs, three schools, a new train station, a new bus station, six bridges, and new open space.
Jonathan Joseph from the Brent Cross Cricklewood Development Partners said: "Clearly we are delighted with this cross-party decision which is an important milestone in the creation of a new town center at Brent Cross Cricklewood. For too long this part of Barnet has been neglected and our plans will see significant investment in new transport and community facilities, including new buildings for 3 schools, new health facilities and major improvements to Clitterhouse Playing Fields as part of a network of green spaces.We will deliver 7,500 new homes, help create 27,000 jobs, transform Brent Cross Shopping Centre and create a brighter future for current and future residents alike. We have much detailed work still to do but this is great news for people across North West London."
Barnet Council Leader, Cllr Mike Freer, said: "I am pleased that the committee resolved to grant outline planning permission, and over the coming years we look forward to working with our development partners to deliver good infrastructure, quality homes, a new town centre and a vibrant, sustainable place for people to live and work in. This is a once in a generation opportunity to secure significant investment in a part of our Borough that needs a major boost. It will enable us to deliver our policy of creating successful suburbs, while at the same time safeguarding the environment."
The Section 106 package is the largest in Barnet's history, delivering just under £1 bln. on community and transport infrastructure including:
More than £500 mln. of investment in transport, and £189 mln. on environmental measures
£200 mln. for road improvements including around £50m at Staples Corner
£109 mln. on community infrastructure including new health facilities and state-of-the-art new premises for three local schools
£112 mln. on cleaning up the land and disposing of waste
The plans will also see the replacement of the existing Hendon Waste Transfer Station where most of the waste goes to landfill with a state of the art new Waste Handling and Recycling Facility which will create a Refuse Derived Fuel, used in the Combined Heat and Power Plant to generate energy.
Source: Hammerson
