Moving forward with a high profile redevelopment in Barnet

Barnet Council has been exploring plans to regenerate Brent Cross over the last few years. These recently took a huge step forward when they signed a deal with development partners for the project. This means that the ambitious plan will move forward.

The first major step in the development came in 2010 when Brent Cross Cricklewood Development Partners secured planning permission. The project was valued at £4 billion when the original permission was obtained. In 2014 the plans changed slightly, splitting the project in two. The schemes are now regarded as north and south, separated by the A406. One of these is the redevelopment of the Brent Cross Shopping Centre.

The regeneration of the area will completely transform it. As part of the project there will be a new town centre, 7,500 new homes and approximately 27,000 jobs. Alongside these a number of other facilities will be created including an additional Thameslink station, parks, and infrastructure for the community. Three schools in the area will also be rebuilt.

The project is an incredible investment and presents huge opportunities for the Borough and people who live in it. It will benefit people looking to get on the property market as well as investors searching for properties to offer as rentals. On top of this there will be jobs and new facilities for the whole community to enjoy. The economy of Barnet could see huge benefits.

At Finefair we always look out for news of the latest developments. This is set to be one of the biggest projects in the capital and we are very excited for it. We will be on hand to help buyers looking at the area, helping them to find the perfect investment properties. We understand that each client has their own unique criteria and requirements but have the flexibility and wealth of knowledge necessary to serve them. We always deliver a bespoke, tailored service.

If you are interested in property investment in Barnet you can get in touch with us for advice and professional services.