A £500m mixed-use new town centre, leisure and housing development in the Borough of Broxbourne has been approved.
The Brookfield Riverside development is being delivered by the Borough of Broxbourne, Hertfordshire County Council and development partner Sovereign Peveril.
The development will offer retail, leisure, F&B, a hotel, civic uses, workspace, assisted living and 250 apartments. The adjacent Brookfield Garden Village will provide 1,250 new homes, a primary school and neighbourhood centre.
Chris Geaves, chief executive of Sovereign Centros, said: “We, alongside our development partners Borough of Broxbourne and Hertfordshire County Council, are delighted to receive the go ahead for Brookfield Riverside, part of the wider Brookfield masterplan. This is a transformative urban regeneration project that will boost employment and economic opportunities in the region.
“It is one of London and the south east’s last regeneration opportunities on this scale and will create a new heart for shopping and leisure in this superb location. The local community’s feedback has been vital in shaping our plans for the new town centre and we are excited about the next phase in delivering the scheme.”
Ralph Jones, managing director of Peveril Securities, added: “We are delighted to be associated with this development which is in a unique location on the edge of London and we very much look forward to bringing it to fruition.”
Councillor Lewis Cocking, leader of Borough of Broxbourne said: “I am delighted that the Brookfield Riverside and garden village developments have been given planning approval after several decades of planning. This is testament to the hard work of all those involved in shaping the proposals to maximise the social and economic benefits to those that live in the borough.
“The developments will create much-needed housing and affordable homes, a variety of leisure and retail facilities, including a new cinema and up to 2,500 permanent new jobs. This will not only be good for the local economy, but will also have environmental benefits; the new town centre will be fully integrated with the public transport, cycling and walking networks and local people will no longer have to travel outside of the area for their shopping and leisure needs.”
Richard Roberts, leader of Hertfordshire County Council and chair of Hertfordshire growth board, said: “It’s great news that the Brookfield Riverside and garden village developments have been given the go ahead. These innovative and important projects will help us make sure that Hertfordshire remains a wonderful place for families to live, work and learn.
“We are committed to making sure that our county is home to well-designed, sustainable and thriving communities, and the Brookfield developments are excellent examples of how collaborative working can bring new places forward to make our residents’ lives even better.”
Architects for the development are Lyons Sleeman Hoare.
