Spurs have failed to develop anyone of significance in recent times out of Chigwell and Redknapp wants that to change soon to secure the future of the North London club and give them more scope for consistent success.
"A big problem for Tottenham over the years is that we haven't produced players here," said Redknapp, who was heavily involved in the development of the likes of Rio Ferdinand, Frank Lampard, Joe Cole and current Spurs striker Jermain Defoe when he was at West Ham United.
"We've fallen way behind the other clubs. The chairman (Daniel Levy) has spent a fortune on it but we look at it, for whatever reason, the last big player was probably Ledley King.
"It can't be right and it's an area that has to improve. There are some decent kids here who have a chance and one or two will come through but it's been a long time since that has happened.
"There is nothing like having kids who are good enough to play in the first team and no one would give them a chance more than me if they were."