Work starts on first affordable homes at Rochester Riverside
Thu 1 September 2011, 12:14 pm
Work has started today (September 5th) on the first affordable homes to be provided on the Rochester Riverside regeneration site.
Developer Hyde Housing, which took control of the site from housebuilder Crest Nicholson earlier this year, started excavation works today, it has confirmed to Medway1.
Hyde's scheme will comprise 73 new rental and shared ownership flats - 32 flats of one and two bedrooms plus a 41-unit extra-care building designed for assisted living.
The scheme is backed by a £4.6 million grant from the Homes and Communities Agency, and will be completed by early 2013.
Work has been enabled by a new £2.5 million road and footway built by FM Conway and funded by the council.
When the whole Rochester Riverside scheme is finished, this previously run-down area will have up to 2,000 new mixed-tenure homes, bars, cafes and restaurants, offices and shops, two new hotels, including one with conference facilities, a new 2.5km river walk, open spaces and parks, and bridges and links to the historic city centre.
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