Issue details - Loans to Mercury Land Holdings Limited company number: 09878652 (the Company) for the developments at Dorrington Gardens and Keswick Avenue, Hornchurch and Albert Road, Romford.

Issue details

To approve public subsidy control (State Aid) compliant loan

facilities and provision of equity to Mercury Land Holdings Limited

(the “Company”) to:

1. Develop Dorrington Gardens, Hornchurch.

2. Develop Keswick Avenue, Hornchurch.

3. Develop Albert Road, Romford.

Decision type: Key

Reason Key: Expenditure > £500,000;

Decision status: Recommendations Approved

Notice of proposed decision first published: 16/09/2025

Decision due: Not before 13th Nov 2025 by Cabinet Member for Regeneration

Lead member: Cabinet Member for Regeneration

Lead director: Strategic Director, Place

Contact: Mark Butler Email: mark.butler@onesource.co.uk Tel: 01708 432947.

Consultation process

All relevant Business Partners will be consulted