Sign up to receive exclusive interviews and news direct to your inbox. Click here.

X
07 Sep 2021

Peel L&P submits planning application for affordable homes at Chatham Waters

Plans have been submitted to Medway Council for 237 affordable homes at Chatham Waters. 

On behalf of Legal & General Affordable Homes (LGAH), Peel L&P has submitted the planning application for the shared ownership and affordable rented homes in the Chatham Waters area as part of the next stage of the consented masterplan for the development. 

Peel L&P is acting as the developer for the LGAH scheme, split across two blocks, including 1 and 2-bed apartments and 3-bed town houses. 

A second public realm planning application for the Central Park area at Chatham Waters providing over an acre of green space for local communities to enjoy which will include trees, planting, seating, and communal play areas.

Just 36 minutes from London St Pancras by train, Chatham Waters offers residential, commercial, retail, leisure, and education space. The 26-acre destination is already home to a University Technical College, Marston’s family restaurant, Asda Superstore, and extensive public realm.

Almost 400 of the 950 homes which have planning approval at Chatham Waters are now finished with 199 homes for private sale at X1’s The Manica Building which opened in December last year and 193 homes for private rent at The Kell which completed in July.

Over £100m has already been invested at Chatham Waters and around 700 full time jobs created, worth £19m to the local economy each year.

A further planning application will be submitted shortly by Peel L&P and Montpelier Estates for a development which will bring high quality homes for the elderly with the need of nursing care. 

James Whittaker, Peel L&P’s Executive Director of Development said: “This is the next step in the exciting development of Chatham Waters with our vision clearly in view making it the region’s premier new mixed use waterfront destination. This application focuses on high quality affordable housing.  Our continued work with LGAH, Montpelier and Medway Council is transforming the former naval dockyard site into a vibrant destination where people can live and enjoy the waterfront area.”

Ben Denton, L&G Affordable Homes’ Chief Executive said: “We are delighted to be working with Peel L&P and Medway Council to bring-forward these 237 affordable homes for Medway residents.  Since formation our business has secured over 6,500 homes and is investing patient institutional capital to build more affordable homes to bridge the gap between need and demand.”

Subject to planning approval, work is expected to start on the residential and public realm projects around spring 2022 with an estimated two-year completion.