Barking town centre is among the first nine areas in the capital to be designated by the Greater London Authority (GLA) as a housing zone.
Barking and Dagenham Council’s successful bid means Barking town centre will receive a share of £260 million, provided by the GLA to accelerate house building on brownfield sites across London. Planning measures will also be lifted to make the process of building homes easier.
The GLA’s housing zones initiative invited local authorities to put forward brownfield sites that they consider suitable for the delivery of a minimum of 1,000 homes.
Initial projects to be accelerated as a result of the funding are the delivery of 2,000 homes, commercial space, a permanent home for the Bathhouse Barking leisure facility and a three-screen cinema.
Darren Rodwell, leader of the council, said: “With fantastic rail links, Barking is just 15 minutes from Fenchurch Street.
“A Housing Zone for Barking will enable faster delivery of new housing to complement this whilst still continuing to deliver our award winning high quality development and public realm."
The council is now working on setting up a Barking Housing Zone Board, which will include private sector partners.
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…