Cabinet agree to safeguard Rainham and Beam Park Regeneration
Havering Council’s Cabinet has agreed to buy out the interest of its joint venture partner, Notting Hill Genesis (NHG), safeguarding the future of the Rainham and Beam Park regeneration scheme.
Under the new arrangement, the Council will be in full control of the joint venture and will ask Cabinet to consider a further report in the coming months regarding options for future funding and delivery arrangements.
Councillor Graham Williamson, Cabinet Lead for Development and Regeneration, said:
“We welcome this decision which will help us to realise the Council’s long-held objective to regenerate the Rainham and Beam Park Housing Zone.
“We are working relentlessly to help the government realise the role that Beam Park station has in helping to unlock the full potential of the region.
“We will also continue to work with all businesses and residents impacted to help minimise disruption, inconvenience and produce satisfactory outcomes for everyone as we deliver these new homes for local people.”