Lendlease nets £1bn Tottenham regen scheme

Aaron Morby 8 years ago
Share

Lendlease has been recommended as the preferred bidder for the role of longterm development partner for the £1bn High Road West scheme in Tottenham.

High Road West is one of three scheme set to regenerate Tottenham
High Road West is one of three scheme set to regenerate Tottenham

Located next to Tottenham Hotspur’s new stadium, the major regeneration project will help to establish High Road West as a new sports and leisure destination with improved public spaces and community facilities.

Subject to Haringey Council Cabinet approval, Lendlease will deliver over 2,500 homes, sustaining around 3,000 construction jobs during the lifetime of the scheme.

High Road West 1

The firm fended off rival bids from Barratt Developments and Linkcity (Bouygues) to secure the ambitious regeneration plan, which includes a new local centre with new library and learning centre in a new public square with shops, restaurants and community park.

This latest win follows Haringey Council’s decision earlier this year to pick Lendlease to steer a separate £2bn regeneration scheme of 5,000 new homes in the North London Borough.

Under this arrangement Lendlease over the next 20 years through a Haringey Development Vehicle joint venture will drive construction of new homes and a new town centre in nearby Wood Green.

The development sites proposed for this regeneration plan are the former Cranwood care home in Muswell Hill; the council’s civic centre, Station Road offices and library in Wood Green; and the Northumberland Park regeneration area.

Both schemes together will provide a major pipeline of work for Lendlease as its Elephant & Castle regeneration scheme in central south east London draws nearer completion.

High Road West 2

New public square with library and shops by tube station

The Tottenham scheme will be delivered alongside the Northumberland Park Estate Regeneration scheme being taken forward by the Haringey Development Vehicle.

These two major regeneration schemes, coupled with the Tottenham Hotspur Football Club stadium development will deliver billions of pounds of public and private investment in North Tottenham.         

Lendlease’s chief executive for international operations, Dan Labbad said: “We are delighted to have been recommended as the preferred bidder for such a transformational project and look forward to working with Haringey Council, the local community and other stakeholders to help realise the vision for Tottenham. ”

Latest news

Retentions could be banned in late payment crackdown

Government considers abolition of hated system in construction
4 hours ago

Arora and Bechtel pitch rival Heathrow expansion plan

New Terminal 6 and runway said to be faster, greener and cheaper option
17 hours ago

Major delays hit £4.8bn Levelling Up project programme

Whitehall admits most projects still stuck in design or planning phase
16 hours ago

London new home starts slump 59% as safety regime bites

National rise masks capital’s fall amid BSR delays and social housing slowdown
15 hours ago

Maidstone seeks builder for £50m flats project

10-storey tower part of council’s Springfield Library redevelopment plans
16 hours ago

Former Lambeth council office to become Premier Inn

Developer Whitbread looking for contractor for latest conversion project
15 hours ago

Construction to start on UK’s first floating padel courts

Liverpool Waters gets green light for unique leisure complex
16 hours ago

Bombshell cavity barrier defects wipe out Taylor Wimpey profits

Fresh £222m provision for fire safety failings behind brick facades
2 days ago

39 firms win £3bn South East schools framework

LCP panel covers new build, retrofit and fire safety upgrade work
2 days ago

Esh boss bullish as profits and prospects rise

North of England contractor looking forward to continued growth
2 days ago

Government sets up Platform4 to build 40,000 homes on rail land

Former Lendlease Development chief Bek Seeley to head Platform4
2 days ago

Race starts for £858m London highways consultancy deal

Ealing Council is leading the launch of a major new highways and transport consultancy framework
2 days ago

Bridge parts set sail for £20m Murphy Stockport site

"Dress rehearsal" bridge assembly ahead of three week rail closure
2 days ago

22 firms win Prosper £500m new build homes framework

Deal designed with input from Believe Housing, Gentoo and Karbon Homes
2 days ago

Civils contractor Galldris sold to staff

£125m turnover firm transitions to Employee Ownership Trust
3 days ago

Fit-out firepower drives Morgan Sindall to record half-year

£390m cash pile supports push on partnerships and frameworks
3 days ago

Grid delays now rival planning as chief threat to project delivery

Turner & Townsend flags urgent need to prioritise electricity connections on projects
3 days ago

Forterra to shut down two divisions

Materials giant exiting Formpave block paving and Bison Bespoke precast businesses
3 days ago

Vistry and Kier team up again for Wokingham homes plan

Third major partnership kicks off first phase of 1,400-home Berkshire plan
3 days ago

Wates preps £200m Middlesbrough regen site

Work begins on landmark Crown Square project with hotel, student flats and homes
4 days ago

BAM Nuttall rail boss to join Balfour

Richard Watts to become Managing Director of UK Rail business
6 days ago

Peel Ports unveils £60m expansion plan for Yarmouth

New Southern Terminal to target big infrastructure and offshore energy schemes
4 days ago

£1bn beach defence mega-framework up for grabs

Environment Agency seeks two marine contractors to protect England’s coastlines
4 days ago

Bovis set for £220m tower job near British Museum

John F Hunt to start demolition work for big West End scheme
4 days ago

Carnell poaches another National Highways director

Maintenance contractor becomes latest private firm to lure public sector chief
4 days ago

Plans go in for Warrington logistics site revamp

Outdated units to be replaced at Hawleys Lane
4 days ago

Morgan Sindall site closed after fatal accident

Tragedy at £90m Mill Yard job in Cambridge
7 days ago

DfE signs off £148m school rebuild trio

B+K and Bouygues land major academy projects across England
7 days ago

Contract race starts for £205m A9 dualling job

Latest deal involves building or upgrading nine bridges
7 days ago

Higgins to turn former care home site into council houses

Construction to start early next year on Buckinghamshire scheme
7 days ago