Property developer Ballymore and Transport for London (TfL) have unveiled plans for the redevelopment of Edgware town centre.
The plans contain information about a £1.7bn investment which they say will create a vibrant new destination in the city centre.
The plans will create up to 4,000 much-needed, high-quality new homes in a variety of tenures, including affordable rental, shared ownership, first-time homes, senior housing, and student housing. The project is expected to generate £80 million for the local economy and create over 1,400 full-time jobs upon completion.
The redevelopment project will also include a new park and access to the 1.9-hectare Deans Brook Nature Park within the city centre, as well as a new transport interchange with a fully electrified TfL bus garage.
A cycling center with around 200 publicly accessible bike spaces will also be built, while walking routes will be improved to help address the climate emergency and improve air quality.
Consultation sessions for the plan will take place in the meeting room inside the Broadwalk Center and at additional locations in Edgware in late March. The proposals will ‘rejuvenate the heart of Edgware with a new commercial and entertainment district’, creating half a million square feet for office, retail, food and beverage and healthcare uses, supported by the new housing.
Sustainability, health and wellness are at the heart of the approach, leading the entire design process, from design to delivery. This will include the use of renewable energy sources such as air heat pumps, as well as solar panels, green roofs and a community garden.
The proposed transport interchange will see the existing bus garage moved underground and fully electrified to unlock development and help support the increased use of electric buses in London.
Speaking ahead of the public consultation on the emerging master plan, John Mulryan, group managing director at Ballymore, said: “We are delighted to share how the plans for Edgware are developing. We have been engaging with the local community for two years and are very pleased with the level of interest in this exciting project; it has helped to fundamentally shape the emerging master plan.
“Edgware is a city with great potential and excellent public transport links. Working with our partner TfL and the London Borough of Barnet, we hope to create an exceptional and vibrant city center with quality housing for all, businesses, public spaces and other cultural and leisure amenities that the community desires.
“We look forward to continuing our conversations with the community and interested parties as plans develop.”
Peter Elliott, TTLP Director of Property Development, said: “We are excited to share these plans with the local community and stakeholders, who are looking to revitalize Edgware and support the local economy. Working together with Ballymore, we seek to offer high-quality new housing and improved retail space as part of a revitalized downtown area, along with other benefits to the local community.
“Sustainability has been considered a key part of the designs. From a new electrified bus garage to cycling and walking improvements, these designs will help encourage sustainable travel and make Edgware and London an even more great place for people to live, work and travel.”
Walk-in consultation sessions will be held throughout March to obtain public comment on the plans, with the sessions taking place in The Meeting Room at Edgware Broadwalk on the following dates:
- Monday March 20, 15:00 – 19:00
- Thursday March 23, 15:00 – 19:00
- Tuesday March 28, 10:00 – 14:00
- Saturday April 1, 10:00 – 14:00