Mayor of London Boris Johnson visited Barking Riverside this week, to boost the launch of his long-term infrastructure plan for the capital, running to 2050.
The London 2050 Bigger and Better document notes that the capital’s population will exceed 11 million by the middle of the century, and argues that 50,000 homes will need to be built every year across the city to meet the demand. Of these, 10,000 will come from the Riverside development.
Johnson visited new show homes and spoke to local councillors in Barking.
The scheme's desirability for potential residents may be boosted by the Overground extension to Barking Riverside, with a decision regarding funding for the project expected to be announced in the government’s autumn statement.
Johnson said: “This plan is a real wake up call to the stark needs that face London over the next half century. Infrastructure underpins everything we do and we all use it every day. Without a long term plan for investment and the political will to implement it this city will falter.”
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…