City of London Corporation seeks partner for Barking Power Station site

The City of London Corporation has started a search for a long-term partner to help unlock what it describes as one of East London's most significant regeneration opportunities. The opportunity is the former Barking Power Station, a site covering 42 acres.

According to the Corporation's newsroom, the site is set to become a major hub for investment and growth. It is also expected to provide high-quality jobs for local people, although the newsroom listing cuts off before giving further detail on that point.

The announcement appears in the City of London Corporation's News Releases section under the headline about seeking a long-term partner. A second headline on the same item says the search has begun for a partner to unlock one of East London's biggest regeneration opportunities.

The newsroom listing does not state a date for the announcement. It also does not set out the terms of the partnership, the timetable for development or the process for selecting a partner. The Corporation's stated aim is to turn the large former power station site into a centre for investment, growth and employment in the area.