Brent Cross Cricklewood Regeneration

Carter Jonas advised Hammerson, Standard Life and the London Borough of Barnet in the promotion of CPO powers to enable the first phase of a major regeneration project covering 150 hectares between Brent Cross Shopping Centre and Cricklewood Station in North London. The project will lead to the delivery of 7,500 new homes, 110,000 sqm of retail space, 395,000 sqm of business (B1) space together with 80,000 sqm of hotel and leisure space.

Paul Astbury has been advising Hammerson, Standard Life and LB Barnet in respect of CPO strategy for this major scheme since 2011. Advice has included acquisition strategies, CPO phasing, compensation estimates, land negotiations and inquiry preparation. The scheme involves the acquisition of a wide range of land interests including shopping centre tenants, residential owner occupiers and investors, light industrial and commercial property.

Paul represented the Council at Public Inquiry to justify the use of powers for this major scheme.