Development and regeneration in Barking and Dagenham
City to acquire power station site
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.
Latest News
City to acquire power station site
The City of London Corporation is about to buy Barking Power Station site in east London for around £125 million, according to Property Week.
Mayor's funding pledge for council homes
A £25 million grant for Barking and Dagenham Council will help it support new housebuilding over the next four years.
Council leader lauds Beam Park approval
Councillor Darren Rodwell, the leader of Barking and Dagenham Council, has welcomed the decision to approve the proposed Beam Park…
