Allies and Morrison has won outline planning permission for its £4.5 billion Brent Cross regeneration project in north London
The scheme, which has secured the final go-ahead from Barnet Council is expected to create 27,000 jobs and will include £1 billion worth of community and transport improvements.
A mainline train station and expanded bus station on the new high street will be built.
The developers plan to spend £38.5 million on parks and landscaping and have also proposed a ‘vacuum waste collection’ service for homes and businesses.
The proposals were originally unveiled three years ago but the scheme was effectively put on hold in April this year when the then secretary of state for communities and local government, John Denham, considered whether to call it in. Two months later the new minister Eric Pickles waved the development through.
Jonathan Joseph, of Brent Cross Cricklewood Partners, said the plans would bring ‘unprecedented investment’ to the borough over the 20-year development period.
Construction is expected to start in 2014.
Green light for Allies & Morrison's £4.5 billion Brent Cross project