£3.5bn scheme for 7,500 homes in Wood Green

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Wood Green could have a radical makeover as part of a £3.5 billion proposal to build thousands of homes and transform the north London area into a major shopping destination.

Haringey council has launched a consultation into the plans for land in and around the high street between Wood Green and Turnpike Lane Tube stations.

The plans include 7,700 homes, a new town centre with shops, and more than one million square feet of new employment space, including offices and workshops. 

A new green pedestrian route linking Wood Green with the grounds of Alexandra Palace is also being looked at for the area which could get a Crossrail 2 station. Some council-owned buildings would be redeveloped with services relocated.

Councillor Joe Goldberg, Haringey’s cabinet member for economic development, social inclusion and sustainability, said: “We want to make Wood Green one of the best places to work, shop, eat and drink in London.

“It is important that people have their say and we are calling on anyone living and working in the area to tell us what they like about Wood Green and what they would like to see improved.”

The consultation follows an initial one in 2015 when businesses and residents were presented with four options for redeveloping Wood Green. 

The council said the majority “overwhelmingly preferred” the latest plan. 

Ken Ford, executive director at Capital & Regional, which owns the Wood Green shopping centre, told the Standard: “As long- term investors in Wood Green, we are supportive of plans to establish the town as a major leisure and shopping destination.

“Since 2015, we have successfully introduced a range of leisure uses at The Mall Wood Green, such as a new Travelodge and gym, and seen strong demand from national retailers, including recent commitments from H&M and Pret a Manger.

“This underscores the potential of the area, which could be transformed by the arrival of Crossrail 2. 

“We will continue to work with Haringey council to help shape the future of Wood Green town centre.”

Natalie King, Cineworld Wood Green general manager, said: “In Wood Green we have witnessed a thriving community and we are excited to be part of such a vibrant area. 

“We welcome all regeneration efforts, which will give us the opportunity to extend our entertainment offering to a wider audience.” 

Comments on the new vision are invited before the consultation closes on March 31.