Contractor says it is still open to working with council “to address its urgent housing needs”
Lendlease said it is still willing to work with Haringey council to build more than 6,000 homes across the borough, despite the prospect of a multi-billion pound partnership between the contractor and the local authority being thrown out next week.
The £4bn venture known as the Haringey Development Vehicle (HDV) would have seen council land being transferred into the deal, a proposal which proved highly controversial during the recent local elections, held in May.
And now a report by the council’s planning office has recommended that the authority’s cabinet terminates the HDV when it meets next Tuesday (17 July).
Planners said the new Momentum-backed administration – voted into power in May on a manifesto which included binning the HDV – was taking “decisive action to set a new direction for the council, with this final decision that the HDV will not now go ahead”.
The planner’s report said the new administration did not agree with a series of assets wholly-owned by the council being transferred into the partnership, while it also objected to the level of risk the project faced.
Given the