Regeneration Project: Brent Cross - Cricklewood (GDV £5000m)
Published 12 February 2015
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1. Facts about the development project
| GDV | Total Site Area | Development Type | Commencement Date | Completion Date |
|---|---|---|---|---|
| £5000m | 151 Hectares (373.13 Acres) | Commercial, Hotel, Industrial, Mixed Use, Residential | Q1 2014/15 | Q4 2024/25 |
| Planning Status | Project Status | Development Stage | Region | Location | Jobs Created |
|---|---|---|---|---|---|
| Hybrid | Seeking Development Partner | Planning Approved | London, England | London, Greater London | 27000 Permanent Jobs |
Brent Cross - Cricklewood
2. Opportunity for investors
The overall aim of this project is to create a sustainable new town centre for Barnet, to reflect the evolution of the design of the Scheme and to provide a basis for the regeneration process to commence within the timescales envisaged in the 2010 Permission.
In addition to new homes and jobs the town centre is to consist of new community facilities, transport infrastructure with a particular emphasis upon public transport, and open space.
The town centre will break down barriers to movement within the site, especially across the A406, and also ensure integration with existing surrounding areas, thus allowing the benefits of the redevelopment to extend beyond the boundaries of the site.
3. Detail
The development will consist of over 1.4M m2 of mixed use development, including 7550 new residential units, of which up to 750 units may be special needs, student housing or sheltered accommodation.
It is intended to develop 78,000m2 Retail and Related Uses North of A406, with a further 32,000 m2 to the south of the A406.
here will be 395,000 m2 of new office space developed, as well as 61,000 m2 of general industrial/storage/distribution space.In addition to the above, there are intended to be new hotels, leisure facilities, as well as a new private hospital and social and community facilities.
Other projects also require investment or development partners.