This past week, the Haringey Council's website published a news item to inform us of new plans to further develop and regenerate Haringey. These new developments will allow Haringey to benefit from thousands of new homes whilst creating a significant number of jobs for the area.
For the construction sector, this is welcoming news.
Haringey council set up a new innovative partnerships called Haringey Development Vehicle (HDV). It is a 50/50 partnership between the council and development partners Lendlease.
Lendlease are a company that specialises in project management and construction. They also have a long & successful track record of providing their services to the UK government.
What's New For Haringey?
The new developments aims to improve both public spaces and community facilities. It will aim to bring:- Brand new and improved homes for current council tenants, with a guaranteed right to return on equivalent terms.
- 6,400 new homes. Out of which, 40% will be affordable.
- Thousands of jobs for a range of different industries.
- Further regeneration plans and improvement of local services through reinvestment of council profits.
- A new health centre.
- New school facilities.
- Plans to see the town centre of Wood Green to undergo a transformation
- An introduction of new schemes like skills training and community support for local people.
- A £20 million long-term social programme investment. This investment aims to improve local residents' prospects, health and environment. It will also bring a sense of community involvement.