London-based housing and property developer Peabody has formed a partnership with the London Mayor Sadiq Khan to construct over 1,500 affordable homes in the east London town of Dagenham.
The deal is part of a strategic partnership between Peabody and Sadiq Khan that will witness 7,000 new affordable homes cropping up in London by 2023.
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The place selected for the development is Dagenham’s Stamping Plant car works site.
Peabody will be working closely with Barking and Dagenham Council, the local community, BeFirst and City Hall, planning the transformation of the disused car plant into a sustainable Peabody neighbourhood, where more growth and connections are created for the local people and businesses.
Peabody chief executive Brendan Sarsfield said: “Like me, many people from the local community will have lived and breathed working at Ford Dagenham through their own experience or through family and friends. The place is a really important part of the industrial and social history of Britain. Together we have a fantastic opportunity to bring the empty site back into use as part of the exciting new Dagenham Docks neighbourhood. Starting with people, we can help bring the place to life, linking in with residents from the Becontree estate and elsewhere to make it a great Peabody neighbourhood for the future.”
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The site’s masterplanner will be PRP Architects.
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By GlobalDataDagenham’s unique heritage will be reflected in the new homes, while a new public park, greenways, and opportunities for learning, leisure, play and work will also be created.
Construction is expected to begin by March 2023, once the sale is finalised. March 2038 has been set as the target date for completion.
London Mayor Sadiq Khan stated: “Dagenham Docks is one of the most exciting areas of regeneration in London, with this former powerhouse of East End industry set to be comprehensively transformed over the next decade.
“I’m pleased to be continuing City Hall’s partnership with Peabody to build the genuinely affordable homes Londoners deserve. I’m confident that their expertise, alongside the vision and drive of Barking and Dagenham council will deliver a thriving new neighbourhood for east London, whilst paying tribute to the area’s unique heritage.”
Barking and Dagenham Councillor Darren Rodwell said: “The Ford Stamping Plant was and always will be a big part of our borough’s history. The now derelict site will be put to good use, making way for much-needed homes for local people.
“Accelerating housebuilding has always been a priority for us here in Barking and Dagenham, and this is another positive step forward, alongside the 3,000 new homes being built by the Council itself by 2024.”
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Dagenham’s unique heritage will be reflected in the new homes, while a new public park, greenways, and opportunities for learning, leisure, play and work will also be created. Credit: Jay Mullings/Unsplash.
