EL1 bus route, Fielders Crescent BRL Project Office bus stop  Barking Riverside expansion
<p>Barking Riverside Limited a public-private joint venture,, providing infrastructure to the new town.
includes a  £100m public donation to allow developer to provide infrastructure under section 106.
assets.publishing.service.gov.uk/government/uploads/syste...
The anticipated outturn cost is £263 million including inflation assuming
construction starts in the financial year 2017/8 and is completed in 2021.
This sum is to be funded by a £172 million contribution from BRL and £91
million from TfL’s business plan that is committed in order to secure the
joint funding with BRL
</p>
<pre>no more than 4000 residential units may be occupied until the railway extension is operational [in2021]
</pre>
<p>Mayor and L&amp;Q to invest £500m in Barking Riverside
20 February 2018
Barking Riverside, one of the UK’s largest regeneration projects, is to receive an injection of £500 million for transport links, parkland and other community facilities, alongside almost 11,000 homes.
</p><p><br></p><p>The landmark investment has been agreed by the Mayor of London Sadiq Khan and L&amp;Q, one of the UK’s leading housing associations and developers, who formed a partnership – Barking Riverside Limited – to deliver the masterplan for the scheme.
</p><p><br></p><p>The Section 106 agreement, reached with the Barking and Dagenham Council and Transport for London, means the project has secured funding for:
</p><p>A new TfL Overground station connecting to central London in 22 minutes
Land for seven schools including five primaries, one secondary, and one for special educational needs
A new centre with 65,000 square metres of commercial, retail and leisure space, including a 2km riverside walkway, an ecology centre and new country park space
A combined health care and leisure facility
A cycling hub
Two local retail and dining hubs
Employment, skills and training that will ensure locals benefit from the opportunities created by the scheme.
</p><p><br>
Barking Riverside will also be London’s first and only NHS Healthy New Town, which will embed health into design and living. Half of the new homes will be affordable.
www.london.gov.uk/press-releases/mayoral/mayor-and-lq-to-...
</p><p>Full completion by 2034
</p><p>a new town the size of Windsor on the banks of the River Thames
</p><p>Quod’s baseline model has informed the draft section 106 agreement heads of terms. It
includes 65% private market units (50% private sale and 15% private rent), and a minimum of 35%
affordable housing by unit number,
</p>
<pre>£5.4 million contribution towards the A13/Renwick
</pre>
<p>Road junction scheme is included in the section 106 heads of terms
</p><p>he provision of high quality, high frequency East London Transit (ELT) bus services at
Barking Riverside is a key element of the masterplan, and will complement the introduction of the
BRE. A contribution of £11.1 million towards the provision of bus services has been secured in the
heads of terms, along with all necessary bus infrastructure and the requirement for all residential
units to be within 400 metres of a bus stop
</p>
www.london.gov.uk/sites/default/files/PAWS/media_id_31168...
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