The Planning application to build 29 storey’s block of flats on the site of the Retail Park in Enfield was granted permission during a meeting on Tuesday, 29 September.
This followed its recommendation for approval which was discussed at the 7.30pm meeting yesterday.
The Colosseum Retail Park proposal in Southbury could help solve the Enfield’s housing target of building 1,246 homes per year, which is expected to be set out in the forthcoming London Plan.
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The plan will provide up to 1,800 homes, with 35 per cent classified as affordable “by habitable room,” according to Enfield Dispatch report.
Though the council had admitted in their report that the scheme is not fully compliant with all policies, but planning Chiefs at the council still believe the proposal should be considered.
They argue that the development provides some sort of public benefits that “outweigh the less-than-substantial harm to the setting of a limited number of heritage assets”.
During the meeting on Tuesday which was broadcast live, the planning application was given permission for phase one of the development which is expected to provide 444 homes in four blocks – 29, 18, 9 and 6 in height.
The meeting was also to outline permission for phase two of the development.
The proposed affordable housing is still below the set out 40 per cent target in Enfield’s Local Plan.
Deloitte Real Estate concluded that the scheme is ‘unviable’ and does not provide enough profit to meet an appropriate minimum developer’s return, the Enfield dispatch cited the Council paper.
Phase one of the proposal provides 12 per cent family homes while phase two has a minimum of 35 per cent, making it a fewer family-sized homes when compared to the level set out in the Local Plan.
Although, according to the planning officers’ report, Enfield’s local housing register “indicates a demand of 47.3 per cent for family-sized homes for affordable and social rented housing”.
Planning chiefs are believed to note the danger the development poses to the Grade II-listed Queen Elizabeth Stadium and Forty Hall Estate but also believe the benefits the scheme would provide benefits including two parks, new community facilities, and 140 long-term jobs for the community.
The report also reportedly claim the development would lead to a reduction in road traffic and increase in ‘biodiversity’.
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