County Tyrone construction firm McAleer & Rushe has scooped a £60 million contract to develop a 196-unit residential development in London Road, Barking, by Yara Capital.

The vacant site and former bus depot will transform into a mixed-use development providing 125 Build to Rent and 71 affordable housing apartments. The building which will range in height from 9 to 22 storeys will feature a mixture of studios, one, two, and three bedroom apartments and will be complemented by generous amenity space. The development will include 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.

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Situated on a prominent corner location at the edge of Barking Town Centre, construction will commence 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: "As the trusted Construction partner for key investors and developers in the industry, we are committed to delivering homes across a mixture of tenures including build to rent, private for sale, affordable housing and co-living. This latest residential contract, which is one of 8 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."