Cheshunt, Brookfield Riverside

Retail Asset Managers | Sovereign Centros
One of the last remaining major out of town opportunities in the UK. Plans propose a major new, sustainably focused town centre.
  • 57-acre site directly adjacent to the A10, 3 miles north of Junction 25 of the M25
  • Primarily greenfield site with some existing uses such as the New River trading estate
  • Major comprehensive development proposed to create a new town centre concept for Hertfordshire “out of town”

Business Plan & Achievements

Plans propose a new, major mixed use town centre. The concept envisages a total of 1.1m sq ft with an appropriate mix of retail, leisure, residential, office and hotel uses together with a new road and significant upgrades to the local highways network.

Sustainability is at the core of the development principles, together with a target biodiversity net gain of 10%.

Outline planning approval received in June 2023.

The site was allocated in June 2020 as a new town centre location within the local plan, adjacent to the proposed Brookfield Garden Village development of 1,250 residential units.

Together the two developments form the Brookfield Masterplan.

Pre-leasing discussions are in progress with key tenants.