Bouygues closes deal Barking town regeneration

Aaron Morby 10 years ago
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Bouygues Development has reached financial close with the council for the second phase of the regeneration of Barking town centre.

The £50m mixed-use project will see ASDA move from its current location in Vicarage Field Shopping Centre to its new location on London Road.

Above the supermarket will be 100 private flats with a selection of shops at ground floor level.

Bouygues’ construction arm has just started work on the 31-month programme after clearing the site at the end of last year.

There will be 350 lower ground and ground floor car parking spaces for the use of ASDA and town centre shoppers with an additional 10 blue badge spaces for residents’ use.

Funding for the development of the new ASDA store has been provided by the Aviva Investors Lime Property Fund, who has acquired a 150-year lease.

Grainger has agreed to purchase the private residential element of the scheme, comprising 100 units, which will be completed in 2015. This purchase follows Grainger’s recently stated strategy of taking advantage of the growing private rented sector, and creating a viable Build-To-Rent in the UK.

The development has been designed by Chetwoods Architects with Assael Architecture advising on the internal layout of the residential units and common parts to ensure the 100 units adhere to the PRS concept.

The build will achieve BREEAM excellent for the food store and Code for Sustainable Homes (level 4), in line with Bouygues’ global sustainability strategy.

This new project follows phase one of the regeneration included the Council’s Technical Skills Academy for people aged 14-19 years old, delivered in September 2012, and operated by Barking and Dagenham College.

This phase also delivered a landmark public square called Short Blue Place that will sit between the new ASDA store and Barking’s main shopping precinct of East Street.

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