• Search begins for partner to unlock one of East London's biggest regeneration opportunities
• 42-acre former Barking Power Station site set to become a major hub for investment and growth, providing high-quality jobs for local people 
• City Corporation has been advancing meanwhile uses to support local business and economic activity ahead of a comprehensive redevelopment 

City of London Corporation is launching its search for a partner to unlock one of East London's most significant regeneration opportunities, the former Barking Power Station site in Dagenham Dock. 

City members have given the green light for the search to find a long-term development partner capable of transforming the 42-acre site into a major destination for investment, employment and economic growth, marking a major milestone in the Markets Sites Regeneration Programme. 

The appointment process, which launches today, will be managed by commercial property advisers CBRE and is expected to attract interest from organisations with a strong track record of delivering large-scale regeneration and industrial development. This once in a generation development opportunity within Greater London is a rare chance to secure a site of exceptional scale, unlocking a plethora of development options from Data Centre, Industrial & Logistics, Cold Store & Open Storage. 

Alongside the launch of the marketing process, the City Corporation is progressing meanwhile lettings with local industrial operators. These arrangements will bring parts of the site back into productive use, generate economic activity and support the ongoing stewardship of the site while longer-term redevelopment plans evolve. 

The City Corporation continues to work closely with the London Borough of Barking and Dagenham, its advisers and other stakeholders to maximise the site's potential and ensure future plans align with local priorities for investment, jobs and sustainable growth. 

Policy Chairman of the City of London Corporation, Chris Hayward, said: 

"The launch of this process marks an important step forward for the site and demonstrates our commitment to securing a bright future for this strategically important location. 

"We are seeking a development partner with the vision, expertise and ambition to unlock the site's full potential, delivering regeneration, inward investment and high-quality employment opportunities for local people. 

"Working closely with the London Borough of Barking and Dagenham and other partners, we want to ensure this site becomes a catalyst for long-term economic growth and prosperity across the borough and the wider region." 

Councillor Dominic Twomey, Leader of Barking and Dagenham Council, said: 

“The former Barking Power Station site represents one of the most significant regeneration opportunities in London, and today's announcement is an important step towards unlocking its full potential. The council wants to see this site transformed into a hub for investment, innovation and high-quality jobs that benefit local people.

“Barking and Dagenham has a proud industrial heritage and a growing reputation as a place where businesses can invest and succeed. Working closely with the City of London Corporation and future development partners, we will continue to champion a vision for the site that delivers sustainable economic growth, creates opportunities for our residents and strengthens this borough's role in London's economy.” 


The Former Barking Power Station site forms part of the City Corporation's wider Markets Sites Regeneration Programme, which is creating thriving places by unlocking the potential of strategic land and assets across the capital to deliver transformational regeneration that shapes London’s future. 

The City Corporation remains committed to working collaboratively with local partners, businesses and communities to ensure that future development proposals deliver lasting benefits for Barking and Dagenham. 

City of London Corporation continues to work closely with the Greater London Authority, the London Borough of Newham, traders and partners to progress the relocation of Billingsgate and Smithfield markets to Albert Island in the Royal Docks, securing a modern, sustainable future for these historic wholesale food markets. 

ENDS 

Notes to editors 

About the City of London Corporation: 

The City of London Corporation is the governing body of the Square Mile dedicated to a vibrant and thriving City, supporting a diverse and sustainable London within a globally successful UK. www.cityoflondon.gov.uk