Balfour Beatty, Carillion and Volker Fitzpatrick have been shortlisted for construction of the new £263M Barking Riverside Extension.
The construction of the 4.5km London Overground rail extension could begin next year, according to Transport for London (TfL). It will serve a new development of 10,800 homes.
The route goes from Gospel Oak to Barking, down to Barking Riverside, including a new station.
“The Barking Riverside extension is key to regenerating this part of east London, helping to support up to 10,800 new homes, along with new jobs and improved facilities for the local community,” said TfL’s director of rail Jonathan Fox.
“The London Overground network has helped regenerate other parts of London by providing a frequent, reliable and high standard rail services, and this rail extension will help Barking riverside to grow and develop.”
A Transport and Works Act Order (TWAO) was submitted to the secretary of state for transport in March 2016 and, if approved, could mean construction starts in late 2017 with train services starting in 2021.