The City of London Corporation is about to buy Barking Power Station site in east London for around £125 million, according to Property Week.
Beating stiff competition from retailer Amazon, the corporation was chosen as the preferred bidder by vendor Barking Power and is now in advanced negotiations to acquire the 17-ha site, which it intends to use to consolidate the Billingsgate, Smithfield and New Spitalfields food markets into one location.
The three sites could potentially unlock hundreds of millions of pounds for their redevelopment into commercial schemes.
Thirteen new council homes at Sugden Way in Barking were delivered and lifted into place in the space of just seven days.
Eagle-eyed excavators discovered a piece of Barking’s history in the shape of a 100-year-old R. White’s bottle, unearthed as they laid the…
Dagenham’s newest addition to its selection of hotels opened for business on a site near the much-anticipated Dagenham film studios.