Peel L&P has unveiled its masterplan for the redevelopment of the 90-acre Chatham Docks Industrial Estate site.
The masterplan features approximately 3,600 new homes, a one million square foot new employment zone which will create in excess of 2,000 new jobs as well as new vibrant, green open and community spaces equating to approximately 35 acres.
James Whittaker, Executive Director of Development at Peel L&P, said: “Medway is bursting with opportunity and Chatham Waters is well placed to help deliver more jobs, improve the environment and connectivity to the river and public transport creating a community that meets the needs of Chatham residents. The vision is for a mixed-use sustainable community with a large employment area focusing on the digital, creative and health sectors along with a mix of homes including affordable homes, family housing, build to rent, open market and elderly living. The waterfront is a beautiful place, we have the chance to maximise this and create a community benefit that means all can enjoy the health and wellbeing advantages associated with this.”
Since 2011, Peel L&P has invested £125m in the redevelopment of the brownfield site, creating around 750 full time jobs and 400 new homes.
Chatham Docks Industrial Estate is a natural extension to the existing Chatham Waters development. Currently Chatham Docks Industrial Estate is home to industrial businesses, many of whom don’t utilise the port facilities and suitable relocation sites are being explored to safeguard the existing jobs. The freight lock gates will be closing in 2025 as they reach the end of their effective life.