Create London
Newham Council is addressing rising construction costs for the Stock Street Project, with additional funding allocated to development partner Create London.
In October 2025, Paul Kitson, Corporate Director of Inclusive Economy & Housing, approved the allocation of £734,000 from the United Kingdom Shared Prosperity Fund to address rising construction costs for the Stock Street Project. Of this, £700,000 was granted to Create London, the project's development partner, to advance Phase 1 construction.
Create London is the development partner for Newham's Stock Street Project, which aims to regenerate a heritage building into a community-led cultural and creative hub. The total council investment in the project stands at £1.715 million, comprising funds from the Levelling Up Fund and the UKSPF.
Key facts
- In October 2025, £734,000 from the UKSPF was approved for the Stock Street Project. Source 1 Source 2
- £700,000 of this funding was granted to Create London for Phase 1 construction. Source 1 Source 2
- The total council investment in the Stock Street Project is £1.715 million. Source 1 Source 2
- Create London is the development partner for Newham's Stock Street Project. Source 1 Source 2
About this summary
This summary was written automatically from our published stories and the council meeting records they draw on. It describes what councils have discussed and decided; it does not take a view on any decision. Each key fact links to the story it comes from. Updated 30 September 2026. Spotted a mistake? Email community@opencouncil.network.