There’s cause for a toast in our ongoing regeneration plans for Ashford, Kent.
We’ve exchanged contracts with Chapel Down Plc, England’s leading wine producer, for the development of a multi-million pound brewery which will sit at the heart of one of our development sites close to Ashford International station.
The new brewery and visitor centre will be a big boost for contemporary British brewing and is expected to attract up to 50,000 visitors per year. To fund the project, earlier this year Chapel Down Group Plc raised £1.7m through a Seedrs equity crowdfunding campaign and share placing for Curious Drinks, attracting 895 investors. Almost a third of investments came from Curious Drinks’ home county of Kent, demonstrating the wide support from the local community.
Separately, contracts have been exchanged with ALDI for the development of an 18,500-sq. ft. foodstore. The Curious Brewery and ALDI are part of our plans to deliver a new mixed-use community on a currently derelict 6-acre site, which will also deliver over 200 new homes and a 120-bed hotel for Ashford.
Following extensive public consultation, a planning submission has now been made for the scheme, designed by RIBA award-winning Kent architect and interior designers, Guy Hollaway Architects. If approved, construction of the project could start in early 2017.
The positive news follows on from the recent announcement that we’d secured planning consent on a separate site in Ashford, for the development of over 660 new homes on the former Powergen site in partnership with Quinn Estates.
Ashford’s thriving local economy, great transport links and the council’s ambitious regeneration plans make it an important town within the London City Region and we’re excited to be working here. As an established regeneration partner, we’re looking forward to providing a fantastic new destination for Ashford, as well as new job opportunities and high quality housing for the local community.