Half of Barking Riverside homes could be ‘affordable’ says Sadiq Khan
An artist's impression of the Barking Riverside masterplan - Credit: Archant
Up to half of the 10,000 homes set to be built at Barking Riverside could be affordable, Sadiq Khan announced this morning.
The Mayor of London approved a new masterplan for the capital’s single largest regeneration site, which will create 9,652 homes on 180 hectares of brownfield land.
A target of 50 per cent affordable housing has been set for the development across the mix of one, two and three-bedroom homes, with an initial guaranteed minimum of 35pc.
Plans under previous Mayor Boris Johnson included only 28 per cent affordable housing.
“Barking Riverside has enormous potential to deliver thousands of the much-needed homes Londoners so urgently need,” Mr Khan said.
“I’ve made it clear that tackling London’s housing crisis is my number-one priority.
“Fixing this problem will be a marathon, not a sprint, but developments like this will play a huge part in our efforts to provide genuinely affordable homes to buy and rent.”
Most Read
- 1 Revealed: Your favourite fish and chip shop in east London
- 2 Two arrested after man 'seriously assaulted' in row over parking
- 3 Dispersal order authorised near Barking Park due to antisocial behaviour
- 4 Company fined in court over builder's skips in Dagenham and Chadwell Heath
- 5 Travel bulletin: Havering, Redbridge, Barking and Dagenham
- 6 Boy, 5, dies after 'unexplained' incident off Heathway
- 7 Dagenham man fined within hours of fly-tipping at bus stop
- 8 Dagenham man jailed for 12 years for punching to death Marius Lakavicius
- 9 Maskless passengers on London trains and buses fined 4,000 times
- 10 Abba Voyage: A spectacular trip into an enchanted world
The affordable homes will include options for renters and first-time buyers.
The new plans also pave the way for a new train station and transport interchange.
A total of 734 new homes had been built by July, with a further 414 set for completion by next summer.
Council leader Cllr Darren Rodwell said: “This is a key part of the regeneration jigsaw, not just for Barking and Dagenham but for London as a whole.
“It will undoubtedly make an enormous contribution to solving part of the capital’s housing crisis and we are determined to create an attractive and prosperous new community there.”