The opportunities for development in Barking and Dagenham are the best in London, according to a senior director at a residential and commercial developer.
Countryside’s new business director, Michael Hill, took part in a roundtable discussion to consider regeneration projetcs in the borough – and the establishment of the council’s Growth Commission, which sets out ambitions for Barking and Dagenham's future.
Speaking about developing residential schemes, Hill said: “When you look across London as a whole, there’s nowhere that’s got the scale of opportunity as there is in Barking and Dagenham.
“That’s partly because the rail infrastructure is now so good, in terms of frequency and quality – and with all the other investments coming into the borough, it all seems very positive to us.”
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…