CV57 UK & Ireland | Page 52

52 Chatham Waterfront
Management contract for Medway Development Co , will see the creation 197 new homes .
By delivering an ambitious regeneration programme for Chatham , Medway Council is backing the development of many new , high-quality homes , helping to boost economic growth and revitalise the town . Significant investment is also being made to revitalise the area with new public realm areas and enhancements to The Brook Theatre .
Chatham ’ s regeneration efforts are thriving due to the town ’ s numerous positive attributes . With star attractions such as the Historic Dockyard and its significant architectural buildings , as well as top-tier shopping centres , entertainment and arts venues , and a bustling high street , the town is already a desirable location . The ongoing regeneration is further enhancing this vibrant town by creating new spaces where people want to live , work , and prosper .
Furthermore , substantial multi-million-pound investments are quickly improving the area for visitors , businesses , and residents alike . Consequently , Chatham is becoming an increasingly popular destination for establishing new enterprises or pursuing careers .
The Medway Towns , in total , support approximately 14,000 businesses and boast a combined economy of £ 5.2 billion .
At its peak , the dockyard , covering a 400-acre site , employed 10,000 workers across at least 26 trades and was the main source of income for generations of shipbuilders , many of whom started as apprentices at 15 . Its closure resulted in the loss of 7,000 jobs and a 24 % increase in unemployment .
It took Chatham decades to recover , but it has successfully transformed the dockyards into a marina , an entertainment and retail hub , and a residential area , demonstrating the town ’ s ability to reinvent itself .
Located close to Chatham ’ s high-speed rail connection , this development offers a blend of spacious apartments , co-working areas , a restaurant , retail shops , and stunning landscaping , making it an ideal spot for city professionals .
There is also the benefit of short commute , the greater space , and the opportunity to work efficiently and effectively from home .
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