The business hub is due to be built in the River Road Employment Area (credit: Be First)
Industria, the brainchild of Barking and Dagenham Council’s regeneration arm, plan to build flexible units to host a range of businesses such as a winery, jewellery makers and green industries.
The council have invested £33 million in the project which is hoped to create 250 jobs.
Leader of Barking and Dagenham Council, Councillor Darren Rodwell, said: “This is the sort of attractive and sustainable industrial development which will no doubt create quality jobs and a place where wine makers, artists and artisans will be able to thrive alongside more traditional trades.
“It’s another boost to this booming part of London which is increasingly seeing forward-thinking entrepreneurs and businesses make their way here.”
The project is also supported by £1 million of the Mayor of London’s Good Growth Fund, delivered through the London Economic Action Partnership (LEAP).
Deputy Mayor for Planning, Regeneration and Skills, Jules Pipe, said, “I’m pleased to support this innovative and ambitious project – which is the first of its kind in London – and I look forward to seeing the benefits it will bring to the local economy in Barking and the wider area.”
The development is also set to include green walls, a business lounge, meeting rooms and a new local café.
Construction is set to begin this summer.
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