UK-based home builder Countryside has partnered with housing association Notting Hill Housing to deliver 911 homes for sale and market rent in addition to complementary space for cafés, restaurants, commercial and community use at Fresh Wharf in Barking Town Centre, London.
Folio London, Notting Hill Housing’s private rent unit, will buy 157 private rented sector (PRS) homes from the joint venture (JV).
Countryside Partnerships South chief executive Graham Cherry said: "The site is identified as one of the largest residential sites within the Barking Town Centre Area Action Plan (AAP), which makes a significant contribution towards the council’s target of some 6,000 new homes.
"We are looking forward to revitalising this area with our partner, Notting Hill Housing, and building much-needed new homes for London.”
Notting Hill Housing group development director John Hughes said: “Our joint venture with Countryside brings this significant new development a step closer. We are pleased to be working again with Countryside to provide new homes for this vibrant area and to continue the significant improvement and regeneration that Barking has seen in recent years.”
The £330m regeneration gateway scheme consists of three-bedroom townhouses and apartment buildings ranging from six to 15 storeys to the north of the site.
A large open park will form the core part of the development and around 44% of the properties will have a dedicated parking space.
The project is in a gateway location to the east of the A406 and to the west of Barking Town Centre.
The southern part of the Fresh Wharf Estate, known as Muirhead Quay, has been redeveloped to offer modern industrial and commercial units.
This project is located adjacent to the River Roding and the North Circular.
Work on the project will commence next year and is expected to be completed in 2026.
Image: The project is located adjacent to the River Roding and the North Circular. Photo: courtesy of Countryside.