Haringey Council is to select Lendlease as the preferred bidder to deliver the regeneration of the High Road West scheme in Tottenham, despite ongoing oppostition to the £2bn development vehicle.
The council will meet to recommend the firm on 12 September after a five-year consultation process on the scheme, which covers the area opposite the Tottenham Hotspur Stadium development.
Opposition to the development vehicle is predicated on three key areas: privatisation of public assets; scepticism over displaced residents’ “right to return”; and concerns about whether councillors will have the authority to hold “big business” to account on areas such as affordable housing.
Under the plans, 2,500 homes are expected to be delivered, of which 750 will be affordable and 191 replacement homes for existing council tenants.
A new library, community hub, civic square, new industrial hub at Peacock Industrial Estate and green spaces are also included in the scheme.
The mayor of London has contributed £62m to support the project as part of the wider regeneration of Tottenham.
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