London Mayor Boris Johnson has detailed £30 million worth of investment aimed at creating London's first low-carbon business park at a site in Dagenham.
Last month, BOLD Magazine reported that cutting-edge waste firm Closed Loop Recycling was investing £12 million to double the size of its plastics operations at Dagenham Dock Sustainable Industries Park.
Now, Johnson has outlined plans to turn the wider area - a brownfield site formerly owned by the Thames Gateway Development Corporation - into a sustainable industries quarter that could create 1,200 jobs.
Some £10.3 million is being spent on infrastructure groundworks to prepare the site, while a further £21 million has been earmarked for the construction of the capital’s first anaerobic anaerobic digestion waste recycling plant, to be built and run by the TEG Group.
This week Johnson said that the Greater London Authority was in talks with another potential occupier, who wants to site a 17,730sq m industrial gasification plant at the park. Construction of the carbon-negative facility could begin in January 2013.
Johnson said that the sustainable industries park would create a vibrant new destination for innovative business.
“Low-carbon industries represent a growth market, which will support a new generation of jobs for Londoners but also bring cleaner, energy efficient businesses that contribute to a better quality of life,“ he said.
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…