Rochester Riverside developer announced
by James Renoux-Wood Fri 25 April 2014, 12:42 pm
Medway Council has signed a deal with developer Bellway Homes to begin the next phase of regeneration at Rochester Riverside.
Approval was passed by councillors for the sale of a one hectare piece of land at Stanley Wharf, where a community and leisure scheme will be built along the waterfront.
The developer’s plans include up to 74 new homes, made up of 46 three and four-bedroom units and a block of apartments with “the potential for a cafe and restaurant” on the ground floor.
Councillor Rodney Chambers, leader of Medway Council, said: “The first Rochester Riverside masterplan was adopted in 2003 but since then, and with a recession, much has changed.
“With signs of recovery appearing, now is the right time for us to re-examine the original masterplan not least because we recognise that the market demand has changed from apartments to a greater emphasis on family homes.
“These changes in demand have been reflected in the revised masterplan and we will be asking the public for their views as part of the consultation process.
“With the announcement of Bellway as the preferred developer of the Stanley Wharf site we look forward to offering further sites to the market as part of the regeneration along the river.”