Ballymore and Transport for London’s commercial property arm Places for London have secured outline planning permission for the £1.7bn redevelopment of Edgware Town Centre from the London Borough of Barnet.

The approved plans will deliver 3,365 new homes alongside 460,000 sq ft of retail and leisure space plus a new transport interchange.

The development, masterplanned by Howells, will also include 463 student units.

John Mulryan, Group Managing Director at Ballymore said: “Town centres and our local high streets are the beating heart of London’s communities – by enabling their success we create opportunity for jobs, growth, connection, and foster pride of place.

“Our shared vision for Edgware will breathe new life into the town centre – transforming it into a more vibrant, inclusive, and welcoming place for residents, businesses, and visitors alike.

“We are immensely proud of these proposals, which are the result of five years of local views and deeply value the input we’ve received throughout the process. We are excited by the masterplan that has emerged and look forward to continuing our work with the community and our partners to bring this vision to reality.”

Since acquiring the Broadwalk Shopping Centre in 2020, Ballymore has undertaken more than four and a half years of sustained engagement with residents, community groups, and interested stakeholders.