The council's planning committee granted outline planning permission last night for the Brent Cross Cricklewood scheme, which aims to create a "new gateway to the capital" and a "vibrant new urban quarter in Barnet". Under the plans, Brent Cross Cricklewood Development Partners - comprised of Hammerson, Brookfield Europe and Standard Life Investments - aims to build 7,500 homes, office space and an extension to the Brent Cross shopping centre.
The decision follows months of campaigning by a number of local groups, which raised concerns about extra traffic and the scheme's plans for a waste and recycling facility. As part of the approval, the developers will pay £964 million for local infrastructure improvements, including a £500 million investment in transport, £200 million for road improvements and £109 million for community infrastructure, including new health facilities and new premises for three local schools.
The developers will also pay for a new train station on the Midland Mainline route, a new bus station, new bridges and cycling routes, new facilities for Clitterhouse Playing Fields and new open space for the public. Barnet Council leader Mike Freer said:"I am pleased that the committee resolved to grant outline planning permission, and over the next few years we look forward to working with our development partners to deliver good infrastructure, quality homes, a new town centre and a vibrant, sustainable community.
"This is a once in a generation opportunity to secure significant investment in a part of our Borough that needs a major boost. It will enable us to deliver our policy of creating successful suburbs, while at the same time safeguarding the environment."
Brent Cross Cricklewood Development Partners' Jonathan Joseph said: "For too long, this part of Barnet has been neglected, and our plans will see significant investment in new transport and community facilities.
"We have much detailed work still to do, but this is great news for people across north-west London."