Lendlease seeks talks with Haringey to rescue homes plan

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A £2bn joint venture deal in north London borough hangs in balance as new Labour administration calls for it to be ditched

Lendlease wants to meet the new leaders of Haringey council as its hopes to build thousands of homes in the north London borough hang in the balance following the election of a new Labour administration opposed to the £2bn plan.

The firm behind the Elephant and Castle revamp in south London was appointed preferred bidder for the scheme last July, which was set to see the developer joint venture with the council on the initiative, known as the Haringey Development Vehicle (HDV).

Jonathan Emery, Lendlease’s managing director of its property arm, said: “We accept new councillors may have different views on some of the plans put forward and we look forward to meeting with the borough’s new leader and cabinet.

“We want to listen and discuss how we can work together to best deliver their vision and create a positive and long-lasting impact for the people of Haringey.”

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