Pharmaceuticals firm Sanofi is in talks with a leading IT company to open a 3000 sq metre computer centre as part of the regeneration of its site in Rainham Road South.
Mark Bass, Sanofi land development and partnership leader, said the firm was “very hopeful that it will come to fruition”, the Docklands and East London Advertiser reported.
The name of the IT company was not disclosed but the paper said a planning application was expected soon with a view to operations starting “either next year or in 2014“.
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…