Barking Riverside

Barking Riverside

Project Information

Status
Outline planning permission for 10,800 homes (2,000 delivered); new planning application for 20,000 homes to be submitted by Summer 2024
Borough
Barking and Dagenham
Estimated completion
Bespoke opportunities with the next phase of infrastructure due to come on stream in the next 12 months, with future construction phases expected every 12 – 18 months
Location
Barking
Delivered by
Barking Riverside Limited (a partnership between the Greater London Authority and L&Q)
Opportunity
Immediate Investment
GDV
£6.6bn
Asset Class
Living

The investment proposition: 

Upfront infrastructure to, in turn, unlock funding for social infrastructure. Funding the construction of residential and commercial properties via the appointed Barking Riverside plot developers.

Planning status: 

Barking Riverside has consent for 10,800 homes, of which 2,500 units have been delivered to date. In August 2024 an uplift planning application was submitted for up to 13,046 homes and 569,000sqft of non-residential floorspace.

Key facts:

  • 443 acres of land
  • 20,000 new homes
  • London’s only Healthy New Town NHS initiative
  • 30 minutes by train to the City and to Stratford
  • Winner of the Community-led Placemaking category at the Planning Awards 2021

Barking Riverside is one of Europe’s largest and most exciting residential developments, providing East London with thousands of new homes. It is a high-profile development scheme, set to be a new town of 60,000 residents in one of the most growth-oriented areas of London. It offers a variety of opportunities for bespoke investment packages with a long-term view.

Benefitting from a unique location directly on the banks of the River Thames, Barking Riverside is comprised of 443 acres of land — an area as large as Hyde Park — on a brownfield site formerly occupied by the iconic Barking Power Station. Connected to central London via the recently extended Overground and river bus services, Barking Riverside is ideal for those who want fast and easy access to London as well as an abundance of green and blue spaces.

Barking Riverside is already home to a diverse and active community of over 6,700 residents. Existing amenities and assets include five schools, one of which is an Ofsted Outstanding secondary school; two community hubs; cycling and walking routes; 80 hectares of ecology habitat. 

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