Anew development named Parklands, bringing 227 new homes to Barking Riverside, is to be launched by L&Q.
As part of the new masterplan by Lifschutz Davidson and Sandilands, Parklands will include 115 Shared Ownership homes, and 112 private sale units.
The development will consist of 1, 2 and 3 bedroom apartments, 2 and 3 bedroom duplexes, and 3 and 4 bedroom houses, sitting alongside a new park offering access to a nature reserve, pond habitats and an adventure play area to the north of the site.
A joint venture between L&Q and The Mayor of London, Barking Riverside is one of Europe’s largest new brownfield developments, covering 443 acres with 2km of south facing river frontage. The wider scheme will deliver 10,800 new homes, as well as bring commercial, retail and leisure facilities. New schools, parks and river walkways will all become home to an estimated 30,000 people at the former 1920’s power station site. A target of 50 per cent of homes will be affordable.
Matt Carpen, managing director of Barking Riverside London, master developer of the site, commented:
“The investment in area can be seen from the moment you arrive. The excellent bus service, new roads and landscape will soon become part of a new and established place. It will be supported by new Rail and Riverboat services around 2021 that will fully unlock the connectivity of this area. Both the existing and new communities are all part of an amazing piece of London which is being planned for exciting things, like river walks, bird watching, swimming by the Thames and genuine riverside living.”
Gavin Stewart, sales & customer services director for L&Q’s East region, explained further:
“The scheme will integrate amazing new technology, such as the UK’s largest automated waste system, and the new spaces and places are being designed to support outdoor activity, health and wellbeing, as part of the sites status as a ‘Healthy New Town.’ Purchasing at Parklands gives first time buyers the chance to be part of an emerging new place and get a piece of the next London property hotspot.”
As the capital’s only ‘Healthy New Town,’ Barking Riverside homes will be built around integrated health and wellbeing principles, plus services including a GP surgery, sports facilities, open spaces and parkland. A new ecology centre will also open in 2019, giving local people and school groups a chance to find out more about the area’s ecology and conservation projects.
The completed masterplan will be home to a total of seven schools, with four already open, reportedly receiving some of the best results in the borough. Riverside Campus is the largest free school campus in the UK, and will offer places for 2600 pupils across a primary, secondary and special educational needs school.
Regular C2C trains run from Dagenham Dock to London Fenchurch Street (24 mins), while a regular bus service currently runs between Barking Riverside and Barking Station (20 mins) and Dagenham Dock (5 mins). Barking is also part of the London Cycle Super Highway, and a Barking Riverside Car Club is already in place. Creating greater connectivity, in 2021, a new Barking Riverside station will open, part of a £263m extension to the London Overground by Transport for London.
The first launch at Parklands at Barking Riverside will comprise 36 Shared Ownership homes, due to launch 6th October 2018. Shared Ownership prices start from £62,500 for a 25 per cent share of a one bedroom apartment (Full Market Value £250,000).