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Mayor of London purchases hospital site for affordable homes drive
The mayor of London has purchased a 1.4-hectare site at Edmonton Hospital to deliver 200 affordable homes.
Sadiq Khan has paid £12.8m for the land, which currently includes a car park, offices and hospital testing facilities, from the mayor’s £250m land fund.
The site is expected to deliver a minimum of 200 homes, of which 50 per cent would be social or affordable housing.
Construction of the new homes is expected to begin by March 2022 once the development has gained planning consent.
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The mayor’s £250m Land Fund forms part of his strategy to boost the construction of affordable and social homes and to accelerate construction.
The Land Fund also aims to capture the value uplift that comes from land that has been used for housing development for the public benefit.
Money made from selling the land will be recycled to buy further land for new homes.
James Murray, deputy mayor for housing and residential development, said: “The mayor and I are determined to do everything within our power to build more social rented and other genuinely affordable homes for Londoners.
“Under Sadiq, City Hall is taking a far more active approach to unlocking sites across the capital. We are using the Land Fund he established to buy sites like this one in Enfield, where we will be able to build genuinely affordable homes while protecting healthcare for the local community.”
Maria Kane, chief executive of North Middlesex University Hospital NHS Trust, said: “This investment is a fantastic opportunity to develop the area around North Middlesex University Hospital.
“We’re looking forward to working with the Greater London Authority to make best use of the land so that it better meets the needs of people who use the hospital and benefits our local community.”
