Planning and development consultancy Iceni Projects is preparing to submit a hybrid planning application to regenerate the eastern part of the Gascoigne Estate in Barking.
Proposals include the demolition of all existing properties at this part of the site, with 1,575 homes, a primary school, secondary school and a new medical centre to be built in their place.
The first phase will be delivered in 2014, which comprises around 400 homes and the medical centre.
Iceni Projects has also submitted an application to Barking and Dagenham Council for a new Sainsbury’s supermarket in Barking, which the firm says will create 450 full and part-time jobs.
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…