Published: 7th Feb 2019

Lendlease has reached an out-of-court settlement with Haringey council over the scrapping of the £2bn Haringey Development Vehicle (HDV) regeneration project. In a statement, a spokesperson for Lendlease confirmed it has now agreed a settlement with the London borough. ‘This enables us to move forward and work together on the High Road West scheme, which will bring much-needed new homes, jobs and community facilities for the people of Haringey,’ added the spokesperson. The developers started legal proceedings against the London borough last year, after a new administration pulled the plug on the controversial scheme. The HDV was set up as a joint venture by Haringey council and Lendlease in 2017 by the-then Labour administration, which was led by Cllr Claire Kober. Under the plans, tens of millions of pounds worth of public land, including council homes, civic buildings and commercial units would have been transferred into the joint venture. But … (To read the full article, subscribe below)