Londoneast goes to the movies

Fri 1 March 2019, 2:34 pm

Londoneast-uk Business and Technical Park has been sold to Barking and DagenhamTrading Partnership, a subsidiary of Barking and Dagenham Council. Londoneastuk covers 6.8ha of the former Sanofi pharmaceutical plant in Dagenham, bought by SOG Group in 2014, and is currently home to 42 small enterprises employing around 500 people.

Darren Rodwell, leader of Barking and Dagenham Council, said: “We are not coming in here to change things, but to continue the development of this fantastic business park. Londoneast-uk is a superb example of what can be created when the public and private sector share a vision and work together.”

SOG Group managing director John Lewis agreed that the Dagenham regeneration story is an example to the rest of the country of how the private and public sectors can work together for the benefit of the whole community. He said: “Over the next few years, thousands of people will be working on the former Sanofi site, which is more than in the heyday of the pharmaceutical company.

“In addition, lots more jobs will be created through the supplier network across the region, helping to support all of these businesses.”

The deal is also the latest milestone in the area’s transformation into London’s newest media and digital centre, with Pacifica Ventures announced last March (2018) as the preferred bidder to build the capital’s biggest film studios on the site.

A feasibility study jointly commissioned by the council, Be First, and the mayor of London, estimates the studios will create 780 jobs and bring £35 million to the national economy.

Ed Skeates, development director at Be First, Barking and Dagenham Council’s regeneration company, which is delivering the new studios, said: “With London’s largest film studios on the way and London’s largest data centres being built on the adjacent site, there’s no doubt the buildings and office space will be much sought after by production companies and the creative industries. It will be a huge boost to our efforts to create new jobs and opportunities for local people.”

In addition, east London social enterprise group Team JGO moved its operation to Londoneast-uk in December, taking over space originally allocated to Crisis, the homelessness charity, to create a specialist training facility for community and voluntary sector organisations. The rental anticipated to be in the region of £20,000, going to Crisis. 

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