The planning permission for the Colosseum Retail Park redevelopment has lapsed, highlighting ongoing challenges in the housing sector including rising costs and economic pressures.
Enfield Council confirmed that despite the lapse, it remains committed to its housing targets, aiming to deliver 19,000 new homes by 2030 to meet local needs.
The Colosseum scheme, criticized for not meeting the 40% affordable housing goal and for its density, was approved while facing ongoing doubts about its feasibility.
Although the council has not speculated on the reasons for the project's stagnation, the broader economic challenges within the construction sector have played a significant role.
#housing-development #enfield-council #colosseum-retail-park #planning-permission #affordable-housing
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