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07/09/2016

Mayor approves up to 10,000 homes in Barking

Words: Laura Edgar
Barking Riverside site

Mayor of London Sadiq Khan has approved the masterplan for the ‘single largest’ regeneration site in the capital.

This paves the way for up to 10,000 new homes in Barking.

The Barking Riverside masterplan sets out plans for the regeneration of a 180-hectare brownfield site on the northern banks of the River Thames.

A target of 50 per cent affordable housing has been set for the development, in line with Khan’s aim. This will include affordable homes to rent and for first-time buyers.

The London Plan asks for at least 28 per cent affordable housing, however, this scheme includes a minimum of 35 per cent affordable homes from the outset, with provisions in place to raise this to 50 per cent over time through additional investment and viability reviews.

Khan said: “Barking Riverside has enormous potential to deliver thousands of the much-needed homes Londoners so urgently need.

“I’ve made it clear that tackling London’s housing crisis is my number-one priority. Fixing this problem will be a marathon, not a sprint, but developments like this one will play a huge part in our efforts to provide genuinely affordable homes to buy and rent.”

Khan said the next task is to ensure that the development includes facilities and infrastructure that will make the area a “fantastic place to live and to visit, rather than simply a housing development”.

Darren Rodwell, leader of Barking and Dagenham Council, said the development is a key part of the regeneration jigsaw, not just for Barking and Dagenham, but London as a whole.

“This borough has a very exciting and ambitious growth programme, which includes the delivery of over 45,000 new homes and 10,000 new jobs over the next 10 years. We are committed to ensuring that no one is left behind. These homes should serve local residents too and therefore providing affordable housing is key.”

The development is being driven by Barking Riverside Limited, which is a joint venture between the London & Quadrant New Homes and the Greater London Authority.

Image credit | Google Earth

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