We're helping to create 27,000 new homes and up to 30,000 new jobs through our regeneration and growth programme, the most in outer London.
Barnet’s popularity remains strong, with 88 per cent of residents telling us they are satisfied with the borough as a place to live. In 2015, Barnet became the most populous borough in London with nearly 370,000 residents now living here.
The borough will continue to grow in the years ahead, due to a combination of a strengthening local economy and investment in regeneration, skills and economic development will bring opportunities for new and existing residents and businesses.
Major regeneration and growth areas
With seven major schemes already underway in the borough, the programme is set to deliver 27,000 new social, affordable and market rate, homes in the next ten to 15 years this includes:
- 10,000 in Colindale
- 7500 in Brent Cross/Cricklewood
- 2,000 in Mill Hill East
- 7000 through our estate regeneration schemes
- 500 built on council-owned land
Regeneration in Barnet is funded predominantly by private sector investment simply because the council cannot afford to meet the demand for housing or make the required housing improvements alone. Without private investment many residents would remain in sub-standard homes which would continue to deteriorate.
Regeneration schemes at a glance
The scheme is split into the redevelopment of Brent Cross Shopping Centre in the North with associated roads and bridges, and a residential and commercial development to the South.
Creation of a new sustainable neighbourhood with mixed-tenure housing, the re-provision of community facilities and children’s day care, supported by improvements in transport facilities.
A vibrant new community with major infrastructure improvements, improved transport links, a newly built college campus, community health facilities, replacement library, community and children’s activity centre, as well as new Council offices
New mixed-tenure community that incorporates high standards of design, improved transport links, a new academy, community hall and church buildings, improved parking, open spaces and community amenities. It will also create job and training opportunities for local residents.
Replacement of the existing estate with new mixed-tenure housing, a new town square, improved transport links, a range of new community facilities including a new school, nursery and a new town centre and commercial hub with new shops and restaurants.
Our social housing tenants who live on one of the borough’s regeneration estates, and who have a secure council tenancy, will be given a new home..
Council tenants with non-secure tenancies will be found new homes in line with the council’s housing policy, and wherever possible we take into account the preferences and needs of those who have to move.
We also offer a range of home ownership models on our regenerated estates, including shared equity options for most resident leaseholders.
Creating a sustainable financial future for the council
Growth and regeneration also creates opportunities for the council. As the funding we receive from central Government reduces to zero over the next few years, we will become reliant on revenue generated locally through Council Tax, Business Rates, fees and charges, and commercial income. This means that building more homes and growing the local tax base is a necessity, to ensure that we continue to have money to invest in local services.
By 2025, Barnet’s growth and regeneration programme will generate more than £11 million of additional recurring income for the council to spend on frontline services, together with £50 million of one-off income by the end of the decade to be invested in infrastructure.
Our approach to growth and regeneration is based around five clear priorities:
- To enhance Barnet as a successful London suburb through the delivery of quality new homes and neighbourhoods in the areas of the borough in greatest need of investment and renewal
- To deliver sustainable housing growth and infrastructure, and improve the condition and sustainability of the existing housing stock
- To ensure residents in all areas of the borough can share in Barnet’s success while taking responsibility for the well-being of their families and their communities;
- To promote economic growth by encouraging new business growth while supporting local businesses and town centres
- To help residents to access the right skills to meet employer needs and take advantage of new job opportunities
Barnet’s approach to regeneration is driven by our commitment to improving the quality of housing on the borough’s estates and creating new communities, not just replicating what’s already there.
A range of housing tenures are being introduced, together with new community facilities, road networks and major improvements to infrastructure, including the proposed new Thameslink station at Brent Cross.
We are committed to providing quality homes in the borough that meet the Decent Homes Standard and the needs of local residents, in the context of the ever increasing London-wide demand for housing.
Our vision is to create mixed communities that will thrive for generations to come, where social housing is interspersed with privately owned properties supported by the essential infrastructure that’s needed for these communities to grow.
We are working closely with the developers to ensure that regeneration in the borough is managed in a responsible way. For example, we know that Barnet’s parks and open spaces are important to our residents, so creating new open space is central to the Brent Cross Cricklewood scheme.
The schemes currently underway include the regeneration of our four largest housing estates - West Hendon, Stonegrove and Spur Road, Dollis Valley and Grahame Park, where we will deliver 7000 new homes (4000 more than previously on the estates) and they will provide a range of social rent, affordable and market rate homes.
As we deliver our existing plans, we will continue to look at how we can maximise land owned by the council to build new homes and help meet rising demand. We’ve committed to building 500 affordable homes on council owned land by 2021 - we’re already in the process of building the first 40 and have plans for a further 270.