Redrow has officially acquired two new sites in Kent; a 93 acre site on the outskirts of Ramsgate in Thanet and a 23 acre site in Rainham. The two sites have a preliminary deal for up to 987 homes, with a combined gross development value of £369million.
Manston Green in Thanet has secured a preliminary deal for up to 785 homes, 30% of which are available as affordable housing, and is the first site the homebuilder has acquired in the Thanet district. More than a third of the site, approximately 39 acres, will be dedicated green space, which is also expected to include a range of amenities including a primary school, community building and retail unit.
As part of the acquisition, Redrow is contributing over £6million to the wider area through its Section 106 agreement, with major road works underway, due to start later this year . Residents will also benefit from the construction of the new Thanet Parkway station just a five-minute drive from the site, offering direct train journeys to London in just under an hour.
Glen Wells, land manager at Redrow South East, commented: “Manston Green is our first site in the Thanet district and is a locally significant site, adjacent to the former Manston Airport. We look forward to delivering a significant number of homes in an area which is becoming increasingly popular with all types of buyers looking to live closer to the Kent coast whilst still having good connections to London.
The 23-acre site in Rainham is reserved for up to 202 homes with summary consent granted and a reserved questions request submitted, which is being reviewed by Medway Council.
A quarter of the homes will be available as affordable housing and the site will contain over four acres of open green space. In addition, Redrow is investing over £2 million to upgrade Rainham’s sustainable transport and healthy living centre, investing in the library and increasing the capacity and facilities of local schools, among other initiatives.
Glen Wells said:We are delighted to continue our presence in Rainham, where our former Manor Court community is nearly sold out. The area is rich in amenities, close to the River Medway and plenty of green space, making it a versatile and attractive area to live, especially for young couples and families.