Barking and Dagenham Council is in talks with developers about the impact of the current economic situation on major housing schemes planned in the borough.
That's according to a report written by council officers ahead of an overview and scrutiny committee meeting on November 9.
The document, which updates committee members on the levels of housing delivery in the borough, says: "Discussions are ongoing with both Countryside and Ecoworld as to the implications of current economic circumstances on their proposed development, including at Beam Park, within Barking Riverside, and for the Tesco site."
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Countryside has partnered with housing association L&Q on a scheme which aims to deliver at least 3,000 homes at Beam Park.
Half of the homes are earmarked to be 'affordable' and work is underway on 1,154 homes in the first two phases of the scheme.
The project is intended to also have two schools, a multi-faith centre and a 3.5 hectare park when finished.
A spokesperson for the Beam Park scheme said: “The Beam Park partnership (consisting of Countryside Partnerships and L&Q) remains committed to working with Barking and Dagenham Council on the ongoing delivery of housing (including 50 per cent affordable housing) and associated infrastructure on the iconic former Ford factory site, Beam Park.”
In March, Barking and Dagenham Council entered a deal to buy 936 homes at Beam Park from Countryside and L&Q.
At the time, a spokesperson for Be First, the council's regeneration arm, said the "turnkey" deal "removed the construction risk element of the build process".
Ecoworld's plans for the Tesco superstore site in Highbridge Road, Barking - to be called Quayside Barking - are proposed to deliver 1,758 new homes and 35 per cent of these would be 'affordable', according to the project's website.
The scheme would also include a new Tesco store, cafes, offices, workshops and 2.3 acres of curated public realm and gardens.
Ecoworld did not respond to a request for comment.
A council spokesperson said the authority would not be commenting further than what was said in the report.
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