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Up to half of the properties in a new 3,000-home development in east London will be genuinely affordable. The redevelopment of the former Ford site in south Dagenham was given the go-ahead by City Hall last month.
And Jules Pipe, the deputy mayor for planning, regeneration and skills, confirmed permission for the site to be developed hinged on the developers, L&Q and Countryside, upping the number of affordable homes from 35 percent to 50 percent.
The site at Beam Park was once an assembly site for the car giant. Its future includes a new neighbourhood and railway station, two primary schools, a nursery, community facilities, retail and open spaces alongside 5,000 homes.
Beam Park is within the London Riverside Opportunity Area where up to 26,500 new homes and 16,000 new jobs are predicted to be delivered over the next decade.
As the site straddles two boroughs – Barking and Dagenham, and Havering – both had to agree to give planning permission. Barking and Dagenham gave the project the thumbs up, but Havering rejected the plan over concerns about the height of the proposed new buildings.
That meant City Hall “called in” the decision on whether the project would be given the go-ahead.
Mr Pipe said: “This is a large, very important site, and these plans will deliver 3,000 much-needed new homes, along with transport, schools and community facilities to help make this a liveable and attractive new neighbourhood for this part of east London.
“Having weighed up the evidence available to me and given the overall importance of the application, I have decided to grant approval.
“The wider area around Beam Park has the potential to deliver thousands of new homes and jobs, and could play a crucial role in London’s economy in the decades to come.”
Fran is the content writer for Capital Conveyancing, producing articles on all aspects of the conveyancing process and around the UK property market in general. If there is a topic you'd like to see covered on these pages, please drop Fran a line on [email protected]