Barking Riverside regeneration project given £500m cash injection

Barking Riverside is to receive an injection of £500 million for transport links, parkland and other community facilities, alongside almost 11,000 homes, as agreed by the Mayor of London and L&Q.

Mayor of London Sadiq Khan said: “As well as housing, our investment will create the new transport, education and health services needed to turn this into a thriving new community. London will be home to 10 million people in the next decade. I’m working to plan for that growth and to provide genuinely affordable homes for Londoners. That will mean increasing density, building on small sites, and using my powers to deliver more affordable homes.”