One thousand new homes for Medway
Fri 30 October 2015, 12:42 pm
Building work is to begin in early 2016 on 1,000 homes beside the River Medway.
Trenport Investments said it would offer a quarter of the homes for affordable rent at its 35-ha Peters Village scheme – which it acquired in 2001. The project was mothballed in 2007 due to the recession, but started up again in 2014, with work to build a road between the villages of Halling and Snodland.
A spokesperson for Trenport said the aim is to build a new community rather than just an estate. The development will include shops, amenities and open spaces – with the villages of Wouldham, Burham and Eccles linked to Halling and Snodland to the west via a bridge over the River Medway.
“The river bridge is the key to everything,” explained Trenport director, Chris Hall.
“Those moving into Peters Village will then be attracted by easy access to jobs, education, shopping, recreation and London, but those same benefits apply to all neighbouring villages on both banks.”
Funding for the £50 million scheme includes £19.5 million from the government’s Homes and Communities Agency.
The scheme is being built on a brownfield site – the former Peters Lime and Cement Works.