Designed by HawkinsBrown and Mae Architects, the scheme will be built across four buildings located adjacent to Cockfosters London Underground station in Enfield, subject to conditions.
Construction is set to get underway before the end of this year.
It is the fourth project being brought forward by the Connected Living London JV and will include 40% affordable housing, commercial space, better public realm, and new operational space for TfL.
The new homes will be mix of one, two and three-bedroom properties.
Ben Tate, a spokesperson for CLL and head of property development at TfL, said: “We’re really pleased to have been given the go-ahead for our proposed development by Cockfosters Tube station, building on the success of our CLL schemes in Southall, Nine Elms and north Lambeth.
“It will contribute around £4.5m to help improve local infrastructure and services.”
With the capital’s shortage of quality rental properties and affordable homes, CLL was established in July 2019 with an ambition of creating mixed tenure rental communities in the Capital.
Nine Elms overstation scheme will contain nearlyt 500 flats
The green light for Cockfosters follows successful outcomes for applications to deliver 460 new rental homes in Southall at a project known as the Sidings, which due to start in the second quarter of 2022.
Southall station rental scheme in West London
Work is also due to start shortly on Montford Place in Kennington, the JV’s 139 rental homes project in north Lambeth, which was a project site for the Northern Line Extension.
For the large Nine Elms overstation scheme in Vauxhaul, Mace and Bouygues are understood to be among firms that have submitted bids to build 479 new rental homes. This scheme has just advanced this month to tender assessment.
Collectively, these four schemes will deliver more than 1,400 new rental homes across the city.
