Lendlease has been recommended as the preferred bidder for a £1 billion regeneration project in North Tottenham.

The High Road West scheme will be developed next to Tottenham Hotspur's new stadium and is set to deliver thousands of new homes/jobs.

Subject to Haringey Council Cabinet approval, features include;

• More than 2,500 homes, with at least 750 affordable homes

• 191 high-quality, safe replacement homes for existing council tenants and resident leaseholders

• A new library and learning centre

• A refurbished community hub with new facilities at the Grange

• A new civic square for community activities and cultural events, flanked by new shops, restaurants and cafes

• New green spaces including gardens, children's play area and outdoor gym

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• More than £10 million social and economic support for businesses and residents

• Investment in the town centre and community events

• Thousands of construction jobs and hundreds of new jobs following development

• A new industrial space to support businesses from the existing Peacock Industrial Estate

Lendlease's Chief Executive Officer of International Operations, Dan Labbad, said: "We are delighted to have been recommended as the preferred bidder for such a transformational project and look forward to working with Haringey Council, the local community and other stakeholders to help realise the vision for Tottenham.

"High Road West will see the creation of thousands of new jobs, alongside the delivery of more than 2,500 high-quality and sustainable new homes. We are dedicated to building on the area's rich heritage and prioritising the needs of the community by delivering new green spaces, shops and facilities which puts local people at the heart of these exciting plans."

Cllr Alan Strickland added: "We've been clear from the start that residents' ambitions must be at the heart of change in Tottenham, and I'm delighted that their vision and priorities have shaped the really exciting plans for High Road West. I'm delighted that this development agreement will mean work can get underway to bring that vision to life."

(LM)