Chatham Waters moves forward
by Marco Cillario Thu 10 March 2016, 5:07 pm
The next phase of work on Chatham Waters, the £650 million regeneration scheme at Chatham Docks near Gillingham town centre, has been revealed.
After the completion of a 22,250sq m Asda superstore and the opening of Medway University Technical College on the site in September 2015, developer Peel Land and Property has announced details of the private rented sector scheme, the first phase of residential development.
Phase one will include 193 units, with 64 one-bedroom, 103 two-bedroom and 26 three-bedroom apartments.
The scheme consists of four phases of residential development and up to 950 properties will be built; many of which offer views across the water. Peel said it will be inviting enquiries from registered social landlords to deliver up to 250 units of affordable housing.
Commercial opportunities are also being marketed, with 121,920sq m of space for offices and educational facilities to be provided in buildings that can be designed to suit an occupier or delivered in ‘shell and core’ condition, with the developer designing and constructing the base structure only and the occupiers providing the completion of the property to their requirements.
“Chatham Waters represents a fantastic opportunity for local developers and investors to become part of this dynamic residential, commercial, retail and leisure destination,” said James Whittaker, group development director at Peel.