In addition to the new homes, up to half of which will be “affordable”, the redevelopment will also provide a new school and healthcare facilities, as well as commercial and leisure spaces.
Transport Secretary Chris Grayling approved the extension last week, clearing the way for construction to start next summer. Transport for London says it expects passenger services to begin “in late 2021”.
The 4.5 kilometre, £263m extension is being majority funded by developers Barking Riverside Limited, a joint venture between London & Quadrant New Homes and City Hall. The remaining funding will be provided by TfL.
The extension will provide the area’s new residents with a fast and reliable transport link, with passengers benefiting from four air-conditioned and walk-through trains an hour, helping to ensure their comfort and safety.
Mayor Khan said: “This is wonderful news for East London. Barking Riverside has huge potential to deliver thousands of much-needed affordable homes, and the extension of the Overground will ensure residents have the high-quality transport links they need, both to the surrounding area and commuting into central London.”
Alex Williams, TfL Director for City Planning, added: “Being given the green light by Government for this London Overground extension is fantastic news for the Barking Riverside development, helping breathe new life into the area and enabling up to 10,800 vital new homes, along with the creation of new healthcare and leisure services.”
