Plans for Rochester Riverside unveiled
by James Wood Fri 6 September 2013, 11:43 am
Medway Council's director of regeneration, community and culture, Robin Cooper, has revealed that the next phase of development land at the Rochester Riverside scheme will soon be released to the market.
Cooper was speaking at the BNP Paribas Real Estate UK headquarters in central London last night at an inward investment event for Medway, organised by 3Fox International.
He said: "This is our biggest regeneration site. Eventually there will be 2,000 houses built, with the next phase of Rochester Riverside now ready for development.
"The first 72 units are being developed by Hyde Homes and there are around another 2,000 units to be developed.
"In the next few weeks we will be putting the next part of that site on the market."
Cooper highlighted Medway’s improved connectivity as a key factor for attracting investment to the area and revealed how the council was hopeful that planning permission would go through for the new Rochester station next week.
A "sizeable" investment from Network Rail over the last year, has completely reinvigorated Medway's transport infrastructure, Cooper said, with new stations at Gillingham, Rainham and Strood being developed.
The audience of 77 key regeneration specialists also heard how Medway was voted as one of the most enterprising areas in the UK by the government’s business, innovation and skills department.
Setting out the figures, Cooper said: "In fifteen years, we will deliver 17,000 new homes and 20,000 new jobs."
Deputy leader of Medway Council, Alan Jarratt, summarised the area's advantages.
He said: "We want to grow Medway and make it increasingly popular and attractive. We’re proud of our maritime history and we are keen to show the fantastic prospects here.
"We’re 100 per cent committed to the regeneration of Medway and making it a place where people come to do business and work and play."
The event was sponsored by housing association, MHS Homes.
Operations director, Gary Clark, who followed Cooper, joked: "I’m even more excited about regeneration in Medway now than I was five minutes ago."
He went on to talk about the 8,500 homes the company manages in Medway, worth just over £750 billion, and outlined future large scale schemes at key sites across Medway.
3Fox’s regeneration magazine for Medway, Medway1 was also launched at the event.