HBD Enfield development gains approval for first phase

Developer HBD, which is part of the Henry Boot Group, has secured consent for the first phase of its regeneration project in Enfield from local planners. The developer is carrying out a regeneration project across the dilapidated, 27-acre Montagu Industrial Estate. The scheme, called EN406, is being delivered in a joint venture between Enfield Council and HBD. Located within the Enfield Borough and Greater London, the project aims to deliver new modern business space. Phase one will provide a 55,353 sq ft, multi-let scheme comprising eight high-quality, modern industrial and warehouse units with offices.  These will range from 3,500 sq ft to 8,374 sq ft, and are largely expected to be taken up by local SMEs.  Construction is expected to begin in Q2 2020. The sheds will be available for occupation from early 2021. Harry Bunbury, director at HBD, said: “This is an important regeneration project for Enfield, offering a whole host of benefits both for the local community and for businesses looking for the space to grow. “While this first phase focuses on providing small units for SMEs, future phases will also include larger premises, creating a thriving location for businesses of all sizes and in turn strengthening the local economy in Enfield.” Nesil Caliskan, Enfield Council leader, said: “Industrial and logistics businesses in Enfield play a significant part in both the local and the London-wide economy. Creating new space for these sectors to grow, while improving land use efficiency and broadening the range and quality of jobs for local residents, is a council priority. “The redevelopment of the Montagu Industrial Estate will provide buildings to meet the demands of modern businesses, which will help maximise employment opportunities for local people as well as providing income from the council.” Nick Diment, planning partner at Knight Frank, which advised HBD on planning, said: “Getting the green light for this major redevelopment will bring substantial economic benefits to the area.” Sheffield-headquartered HBD is working with a development pipeline of more than £1.6bn. It has a history of partnering with local authorities on delivering employment sites, and has several projects underway in the South East, including Airport Business Park Southend and Butterfield Business Park in Luton. To send feedback, e-mail pui-guan.man@egi.co.uk or tweet @PuiGuanM or @estatesgazette