Brent Cross South, part of the wider £4bn Brent Cross Cricklewood regeneration scheme, has been given the green light by Barnet Council.
The development, which stretches from the North Circular (A406) to Cricklewood Lane, between Hendon Lane (A41) and the Edgware Road (A5), was given an extra boost by the Government with the announcement of a £97m grant towards an additional Thameslink station with fast rail links into King’s Cross.
The scheme will be undertaken by a joint venture partnership between Argent Related and the London Borough of Barnet.
Formed in 2015, Argent Related brings together Argent – the UK developer best known for its work on the redevelopment of King’s Cross and Related Companies – the US real estate company that is currently undertaking Hudson Yards, the largest private development in US history.
Following a long and successful relationship with Argent developed through the King’s Cross regeneration scheme in London, G&T was appointed to act as Cost Consultant. The firm’s role draws on G&T’s extensive experience in helping to shape large scale masterplans by developing a financial framework at the very early stage of the development process. This supports the strategic evolution of the scheme, the detailed design stages and the construction delivery by providing a robust financial control and management process.
The Brent Cross South masterplan includes 6,700 homes and workspace for over 25,000 jobs, a new high street with local shops and restaurants, improved transport connections with the new station and better walking and cycle routes together with new parks, squares and community facilities.
“By joining forces with our development partners we are making sure we get the best deal for the taxpayer as well as creating a thriving London neighbourhood which will become a model for the 21st century and beyond.”
Cllr Richard Cornelius,
Leader of Barnet Council