Work is set to start this month on a 243-home mixed-use development at Barking's Creative Industries Quarter.
Bouygues Development said the £40 million Abbey Road scheme – by Cartwright Pickard Architects and now scheduled for completion in March 2014 – would “change the image of the quarter”.
The two-phase development will see the construction of some 1,800sq m of creative and retail space, as well as the 243 homes.
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…