Planning for the redevelopment of Colosseum Retail Park in Enfield, north London, has been submitted by Neat Development and BlackRock Real Assets.
The hybrid planning application includes 444 new homes in the first phase with the ability, subject to further reserved matters applications, to provide up to 1,356 homes in later phases. Of these homes 35% will be affordable.
In addition, the proposals comprise a work hub, new shops, space for a crèche and GP surgery, as well as two new parks equivalent to the size of 65 tennis courts and amounting to more than one-third of the site area.
The partners said the low-density ageing retail park located on the junction of Southbury Road and the A10, was “uniquely placed” for the creation of a new neighbourhood.
If approved, construction on the first phase is slated to begin in 2022.
Paul Ward, development director at Neat Developments, said: “We have a truly unique opportunity to create a new neighbourhood in Enfield, which will deliver new homes, affordable housing, jobs, and new commercial and retail spaces.
“Our plans will deliver a truly new offering to Enfield, from space for independent retailers, to events space and flexible workspace.”
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