Mayor announces Beam Park developer delivering 3,000 new homes
Monday January 25th, 2016
The Mayor of London, Boris Johnson, has chosen a developer to create a new neighbourhood on a derelict former Ford factory plant in East London. This is the last major site to be released by the Mayor and meets his manifesto pledge to put in place a plan for all surplus City Hall development appropriate land by the end of his term in 2016.
Countryside Properties (UK) Ltd with London and Quadrant Housing Trust (L&Q) will take forward the regeneration of Beam Park, delivering over 3,000 homes, a new train station on the C2C line and community facilities on the 29 hectre site which sits alongside the River Beam. The homes set to be delivered will be mixed tenure and over 35 per cent affordable, including a significant proportion of shared ownership to be marketed at the local community first.
Beam Park is the one of the last of the 414 hectares of developable land transferred to the Mayor that have all been released for development and include derelict brownfield sites which are being transformed into much needed new homes and facilities. These include four disused hospitals, including one which also served as a Victorian workhouse, a former Parcelforce depot, and a flour mill within London’s Royal Docks set to become a thriving new business district.
The Mayor pledged to release all City Hall-owned unused land for development by the end of his mayoral term in 2016. In total the land sites will result in: 50,000 new homes being built; 1.5 million square metres of work and office space being created; 14 news schools and 11 new parks spanning the breadth of 61 football pitches; Regenerate 414 hectares of disused land, the equivalent of 3,312 Olympic swimming pools.
The Mayor of London, Boris Johnson MP said: “Four years ago this impressive site hid one of the biggest secrets ahead of the Olympic and Paralympic Games when it was used for opening ceremony rehearsals and is now set to be transformed into a thriving new neighbourhood. As well as much needed new homes of every tenure, the brand new station will whisk residents into central London in record time, and the development will include mass green public space along the River Beam. The 29 hectare site celebrates a key milestone for City Hall as it marks the final land release for development of over 400 hectres of surplus land owned by the authority, delivering thousands of homes, offices, new schools and parks across the city.”
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