McAleer & Rushe to deliver BTR scheme with new contract

With support from Barking & Dagenham Council, McAleer & Rushe has received a contract from Yara Capital for the delivery of a 196-unit Build to Rent development in Barking.

Concept image of the new development in Barking. McAleer & Rushe has been awarded the contract from Yara Capital | BTR News
Concept image of the new development in Barking. McAleer & Rushe has been awarded the contract from Yara Capital.

Developer McAleer & Rushe has been awarded the £60m contract to deliver a residential development on London Road by Yara Capital.

Ranging in height from nine to 22 storeys, the now vacant site and former bus depot will be transformed into a mixed-use development providing 125 Build to Rent and 71 affordable housing apartments.

“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 eight 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.”

Mark Diamond, Senior Director, McAleer & Rushe

The proposed scheme will contain a mix of studios, one-, two- and three-bedroom apartments and generous amenity space, including two commercial units on the ground floor, and two roof terraces offering panoramic views overlooking the Abbey Green parkland and central London.

At 22-storeys, the Western block is the tallest and will be orientated to acknowledge the Abbey Grounds directly to the South West of the site.

The development will also provide 286 secure bike parking spaces, car parking spaces and numerous public realm improvements.

“Working in conjunction with BeFirst and the local authority we will provide a scheme that delivers a significant amount of affordable housing as well as rejuvenating the site and enhancing the surrounding area. We’re delighted to appoint McAleer & Rushe as our Construction partner, who have the expert knowledge and experience in the residential sector, and together we are committed to delivering a regeneration scheme that will make the Borough a great place to live, work and socialise.”

Patrick Houghton, Yara Capital

Situated on a prominent corner location at the edge of Barking town centre, construction will start in November and will be partly funded by BeFirst – the urban regeneration arm of Barking & Dagenham Council.

The scheme that is being delivered by McAleer & Rushe and Yara Capital has a targeted completion date of June 2026.