Peel sets out vast Chatham Docks regen plan
16 Dec 2021
Developer Peel
L&P have set out their plans for further major investment in the
redevelopment of Chatham Docks Industrial Estate in Kent.
A masterplan
released by them outlines its new ambition to build 3,600 homes and a 1m sq ft
new employment zone at the 90-acre riverside site.
Overall, the
scheme has the potential to deliver 1.9m sq ft of floorspace which is similar
to the scale of Peel L&P’s MediaCityUK development in Salford Quays.
Peel L&P has
been investing in Medway for over a decade at its Chatham Waters development.
Since 2011, Peel
L&P has pumped £125m into the redevelopment of the brownfield site,
creating around 400 new homes, with a further 550 to be built over the next
four years including 237 affordable homes and a new care home.
Waterfront UTC,
and Mast & Rigging pub and restaurant. There is a further £500m to be
invested over the next four years in Chatham Waters specifically on green
community areas and an events zone.
James Whittaker,
Executive Director of Development at Peel L&P said: “The vision is for a
mixed-use sustainable community with a large employment area focusing on the
digital, creative and health sectors along with a mix of homes including
affordable homes, family housing, build to rent, open market and elderly
living.
“The waterfront
is a beautiful place, we have the chance to maximise this and create a
community benefit that means all can enjoy the health and wellbeing advantages
associated with this.”
Reference: https://www.powerengineeringint.com
“Peel sets out vast Chatham Docks regen plan”
https://www.constructionenquirer.com/2021/12/16/peels-sets-out-vast-chatham-docks-regen-plan/ 16/12/2021