Peel L&P and Legal & General Affordable Homes (LGAH) have secured the planning permission which is the next step towards realising the wider vision for Peel L&P’s Chatham Waters.
The mixture of shared ownership and affordable rented homes will include 1-and 2-bed apartments and 3-bed town houses.
A further planning application for the Central Park at Chatham Waters, has also been approved by Medway Council. It will provide over an acre of green space for local communities to enjoy, and will include trees, planting, seating and communal play areas.
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Chatham Waters already includes a number of completed residential projects, including homes for sale and rent. The 26-acre waterside destination is also home to a University Technical College, Marston’s family restaurant, Asda Superstore and extensive public open space.
To date over £100m has been invested at Chatham Waters with around 750 full time jobs created, contributing £19m to the local economy each year. Work is expected to start on the new affordable homes and Central Park in Spring 2022 with an estimated two-year period for completion.
James Whittaker, Peel L&P’s Executive Director of Development said: "This is such an exciting development. Delivering affordable homes at Chatham Waters is key to Peel L&P's vision to provide a range of mixed-tenure homes and jobs as part of the regeneration of the wider area. The new Central Park, will be a key feature in the local community for residents and non-residents to enjoy."
