Plans have been unveiled for the £1.3 billion regeneration of a 200-acre area alongside Lee Valley Regional Park in north London.
The Meridian Water scheme, one of the biggest eco-developments in the UK, will comprise 5,000 new homes, three new schools, a range of community facilities, a new high street retail core and diverse parklands.
Commenting on the proposal, Enfield Council's cabinet member for business and regeneration Del Goddard said: "Meridian Water is the most significant contribution to the transformation of Edmonton and it will play a significant role in driving the expansion of north London for decades to come.
"It will overcome years of decline and will create a fantastic waterfront development that people will be proud to call their home."
A public consultation on the masterplan has now been opened which will run until August 3rd and seek views from local residents, businesses, community groups, investors and other stakeholders.
Author: Economics Correspondent Graham Pontin (email@example.com or 0207 227 882)