Outline planning permission has been granted to Friends Life for the redevelopment of the Old Ford plant in Dagenham.
Barking and Dagenham Council approved plans for Orion Park, which could see 100 jobs created and 149 homes built on land between Merrielands Crescent and Chequers Corner, according to the Barking and Dagenham Post.
The scheme would see existing buildings at the site demolished and four main blocks built in their place.
Councillor Cameron Geddes, cabinet member for regeneration, and representative for Thames ward, told the Post: “This is a major boost for housing and employment in the area and contributes significantly towards the council’s long term ambition to establish a new heart for south Dagenham.
The site, which has not been used for 13 years, has long been earmarked by the council as a major growth area for future development in the borough, and for a range of potential uses, including for housing, community, leisure or retail use, health care and school facilities.
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…