Community Wealth Building

Investing in The Carpenters Estate

The Carpenters Estate is a regeneration with Community Wealth Building at it's core - delivering genuine benefits to the local area, Stratford and Newham as a whole. 

Along with thousands of new and affordable homes, pushing for high skilled and good quality jobs, new workspaces for SMEs and growing businesses, a new Carpenters school, surgeries, green spaces, a leisure and sporting facility, and community initiatives. This is the source of wealth and talent that will drive a fairer and more prosperous Newham.


Community Wealth Building is a people centred approach to local economic development. It seeks to restructure the composition of the economy itself so that wealth is widely held, shared, and democratised. It reorganises local economies to be fairer and stops wealth flowing out of communities, towns and cities, and instead places control of this wealth into the hands of local people, communities, businesses and organisations. Our Community Wealth Building approach comes at a time of unparalleled opportunity and growth in Newham. By 2030 Newham is forecast to have 43,000 new homes, 60,000 new jobs and an additional 49,000 residents calling our borough home. 

Populo intends to deliver a ‘triple dividend’ for Newham in the form of social, economic and environmental matters which align with our community wealth building objectives.