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Development-site deal agreed with HCA

Fri 28 September 2012, 5:24 pm

The Homes and Communities Agency (HCA) and Medway Council have reached a stewardship agreement involving four development sites formerly owned by the South East England Regional Development Agency.

The deal sets out a strategy for how the parties will work together to ensure that the assets - currently owned by the HCA - contribute to economic growth over the next decade.

Some 32 sites across the whole of Kent are included in the deal, but among those sites are Rochester Riverside’s Brewsters Printworks and Gas Land, and Chatham Maritime‘s St Mary‘s Island and South of Basins.

The deal was signed at Rochester Riverside, where the Hyde Group is delivering the first phase of a scheme that will provide 41 extra-care homes for the elderly, 24 apartments for fist-time buyers, and eight homes for social rent.

HCA executive director Terry Fuller said the agency was committed to using its sites to boost the local economy.

“We’ll continue to work closely with local partners to coordinate the delivery of these assets as well as share our expertise in linking housing and regeneration to job creation and growth,” he said.

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