McAleer & Rushe has been awarded the £60m contract to deliver a near 200 flats scheme in Barking for Yara Capital.
The vacant London Road site and former bus depot will be transformed with buildings ranging from 9 to 22 storeys tall providing 125 build to rent and 71 affordable flats.
Situated on a prominent corner location at the edge of Barking Town Centre, the buildings will provide two commercial units on the ground floor and two roof terraces offering panoramic views overlooking the Abbey Green parkland and long views towards central London.
Construction will start in November and will be partly funded by BeFirst, the urban regeneration arm of Barking & Dagenham Council, with a targeted completion date of June 2026.
Mark Diamond, senior director at McAleer & Rushe, said: “This latest residential contract, which is one of 8 currently under construction in the greater London area, underpins our strong client relationships, our vast skill set and proven track record in delivering high quality city centre residential schemes.
“We are looking forward to working in partnership with Yara Capital and BeFirst to bring forward modern and sustainable housing in the historic heart of Barking.”