Two Barking & Dagenham wharves could have planning restrictions removed as part of the Greater London Authority's plans to boost business, while ensuring projected cargo capacity can be met.
Welbeck Wharf and DePass Wharf are among nine Thames wharves that that could see their current protected status lifted, Bold Magazine's sister website Sitematch London reported.
It said the GLA was consulting on amendments that could free up the wharves for development before a final review is sent to ministers later this year.
According to the current data, the safeguarded wharves have a capacity off some 18.2 million tonnes of cargo each year, compared to forecasted demand of 12.5 million tonnes per year.
The City of London Corporation is about to buy Barking Power Station site in east London for around £125 million, according to Property Week.
A £25 million grant for Barking and Dagenham Council will help it support new housebuilding over the next four years.
Councillor Darren Rodwell, the leader of Barking and Dagenham Council, has welcomed the decision to approve the proposed Beam Park…