City of London Corporation presses pause on move to Dagenham
David Harley takes on the role after working at the council’s regeneration arm
Development will be backed with a £309m loan from the council’s general fund
US media real estate firm will lease the site for 250 years, to be known as Eastbrook Studios London
Former industrial land will be home to new project
Developers with consented schemes should be offered low-interest loans in return for rapid build-out
Barking and Dagenham Council has bought the 82,246 sq ft premises from BlackRock for £11.9m
The development spans two buildings of 20 and 29 storeys, and includes 43% affordable homes