Businesses in Canning have shown their support for plans to regenerate the town centre.
A £600 million regeneration plan for Canning has received the green light, paving the way for new London offices
and retail space for Morrisons.
The London Thames Gateway Development Corporation's planning committee has approved the One Housing Group and Bouygues Development proposals.
Construction is scheduled to begin during the final quarter of 2012, with the first phase of the plans including a more than 7,000 sq m Morrisons, 424 sq m of retail space and 179 residential units.
Speaking to Wharf.co.uk, owner of the Abigails cafe on Barking Road Eddie Hassan said he believed Canning has the same potential that Old Street in Islington enjoys.
Meanwhile, Ruby Amoh, who owns the Ruby Joe women's fashion store, commented that if new banks were built in Canning, it would prevent people from having to go to Stratford or East Ham for financial services.
Other companies that already have London offices
in Canning could be encouraged by the news, as it will see more shoppers, residents and stores come to the town centre, boosting its business credentials and potentially leading to more custom.
Morrisons' development executive Richard Haynes said the new store would be a flagship one and marks the start of its expansion plans across London and the rest of the south-east.
Mayor of the London borough of Newham Sir Robin Wales said: "This scheme is the real game-changer for Canning Town and illustrates the scale of our ambition when it comes to delivering regeneration in Newham."
Other plans under the regeneration project include over 5,000 sq m of community amenities and more than 30,000 sq m of retail and leisure faculties.
"2012 looks set to be a monumental year for enhancing the economic prospects of the Olympic fringes in east London," asserted managing director of Bouygues Development Stephane Slama-Royer.
The scheme has been earmarked for completion in 2023.
Posted by Sarah Dudley
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