An agreement has been signed paving the way for the regeneration of the Dollis Valley housing estate in Chipping Barnet.
The agreement, signed by Barnet Council with Countryside Properties working in conjunction with London & Quadrant (L & Q), gives the green light to the Dollis Valley regeneration proposals, which were agreed in principle earlier in the year.
The proposals involve the construction of 616 new, mixed-tenure homes in a wide range of designs and sizes to suit the differing needs of families. Half of the new homes will be traditional houses with gardens with more than 200 of those being affordable rented homes.
The proposals also include new green spaces and community facilities, including a community centre, a nursery and office/retail space.
The proposed scheme will be built in five phases with construction of the first new homes potentially getting underway as early as 2013.
The project will involve the demolition of the existing estate, which was built in the late 1960s, is owned by Barnet Council and comprises two and three storey houses and five storey blocks of flats and maisonettes.
Richard Cherry, Deputy Chairman, Countryside Properties said: “The signing of the Regeneration Agreement brings the hard work of the residents and development partners to a significant point in transforming Dollis Valley into a sustainable mixed community. We look forward to continuing this partnership and supporting the aspirations for the area.”
Jerome Geoghegan, Group Director of Development & Sales at L&Q said: “I am very pleased to have signed this Regeneration Agreement with Barnet Council and Countryside Properties. With our partners, L&Q now plans to create high-quality homes for people on a range of incomes, and new community facilities. Through the Dollis Valley Partnership Board, we are working with residents to deliver this exciting regeneration scheme for the benefit of local people.”