Plans for London’s largest residential regeneration approved

Mayor of London Sadiq Khan has given the green light to plans for the single largest regeneration development site in the capital.

Brownfield

richard-carr-new-homes-in-barking

How the new scheme will look fully developed

The 10,000 new homes plan on a 180 hectare brownfield site in Barking will deliver approximately 5,000 affordable properties.

The affordable homes, located on the northern banks of the River Thames, will be available to rent and buy for first time buyers.

Khan is keen to offer more affordable homes in the capital and has agreed a scheme that includes a minimum of 35% affordable from the outset, but with provisions to raise this to 50% over time through additional investment and viability reviews.

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