Enfield Borough Council’s cabinet will be asked to approve an order to buy properties on an estate even if agreements with owners cannot be reached.
The Alma Estate Regeneration project in Ponders End, Enfield, is set to cost in the region of £150million and create 800 new Enfield Borough Council-owned, private and shared ownership homes.
The council’s cabinet will seek approval of a Compulsory Purchase Order (CPO) at its meeting on Wednesday, January 22.
The CPO will allow the council to buy properties even if a negotiated settlement cannot be reached with owners.
There are currently 135 tenants remaining on the estate and 12 commercial properties.
If approved by cabinet members, council officers will be able to prepare a ‘statement of reasons’ to support the need for a CPO.
So far, 35 property purchases have already been completed and a further 15 offers have been accepted.