Barnet to pick Argent

Barnet Council has picked Kings Cross developer Argent as partner on the Brent Cross Cricklewood South site.

Argent have won the race to be appointed partner for the site, having beaten off competition from Barratt and London & Quadrant Housing Trust, Capital & Counties Properties, and the Far East Consortium International with Countryside Properties, Notting Hill Housing Trust and Southern Grove.

Argent and its partner Related will be recommended to Barnet Council’s key regeneration committee as the Council’s long term development partner on the 78 hectare scheme.

The scheme sits alongside Hammerson and Standard Life’s Investments redevelopment of the Brent Cross Shopping Centre.

Gateway Barnet, (Far East Consortium, Countryside Properties, Notting Hill Housing Trust and Southern Grove), has been identified as reserve bidder.

The Brent Cross South scheme aims to provide 7,500 homes and space for over 20,000 jobs supported by a new Thameslink station on the site. The scheme already has outline planning permission as part of the wider Brent Cross Cricklewood development.

The recommendation will go before the Council’s Assets Regeneration and Growth Committee on March 3.

Councillor Richard Cornelius, Leader of Barnet Council, said: “We want to create a real model for a 21 century suburb at Brent Cross – a neighbourhood not a dormitory. We will need a thriving modern high street that complements the shopping centre, a mix of housing and space for employment and education to produce a proper neighbourhood, busy and active throughout the day.”

“What shone through in the proposal from Argent Related was that they had a long term vision for Brent Cross South, had clear views on how that vision would be supported over time and knew how to make the best of a transformed shopping centre.

“They have already shown with their schemes at Kings Cross and Brindleyplace that they can produce great places that generate jobs and support high quality homes. The character of Brent Cross South will obviously be very different but Argent Related have shown how they will work with the Council to create something that will bring lasting benefits for generations of Barnet residents to come.”

Sir Edward Lister, Deputy Mayor of London for Planning said: “This is a crucial step as we look to transform Brent Cross Cricklewood into one of the premier places to live, work and visit in the capital. London is now home to more people than ever before and this scheme is absolutely crucial to the city’s sustainable growth as it has the capacity to deliver thousands of new homes and jobs through major improvements to transport infrastructure.

“We have been working closely with Barnet Council to secure investment in a new Thameslink station at Brent Cross that will bring the area within 12 minutes of central London and are also looking to create a pleasant environment in which to walk or cycle. I look forward to seeing this vitally important part of London transformed over the coming years.”

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