Medway Council secures funding for Hoo Peninsula
Mon 27th January 2020, 12:21 pm
Funding of £170m has been successfully secured by Medway Council for major infrastructure developments on the Hoo Peninsula.
The crucial funding has come from the Ministry of Housing, Communities and Local Government from its capital grant Housing Infrastructure Fund (HIF), and will help with Medway’s vision to create new opportunities for homes and growth in this major regeneration area within the Thames Gateway.
Medway Council’s detailed bid focused on improving road and rail connections in and around the peninsula, allowing important infrastructure to be in place before preparing plans to develop 10,600 new homes for the Hoo Peninsula.
Authorities are required by government to set a Local Plan to identify how an area could evolve to meet demands for housing, and provide job opportunities and infrastructure for a growing population. The Hoo Peninsula plans will be included as an option in Medway’s emerging Local Plan. The authority's plans for Hoo are supported by both the South East Local Enterprise Partnership (SELEP) and the Hoo Consortium.
Medway Council and Network Rail will discuss how to use the HIF funding to upgrade rail infrastructure, and improve connections from the Hoo Peninsula to neighbouring boroughs. Medway’s roads will benefit from a vital £85.7m to make improvements to the A228 and A289, as well as a new relief road to help ease congestion.
An investment of £14.35m from the funding will be used for country parks on the Hoo Peninsula to benefit wildlife, and provide opportunities to open up the river area.
Medway Council leader, Councillor Alan Jarrett, said: “The HIF bid will enable us to significantly improve transport links and it also gives us the opportunity of providing our residents with a choice of new homes on the Hoo Peninsula. This great news will now allow us to press ahead to finalise our draft Local Plan setting out the future planned development of Medway to 2035.
“Medway is on an exciting journey and the area has already seen huge transformation. We will continue to explore new opportunities to ensure we provide sustainable growth, help the economy grow and lay the foundations for future generations as we establish Medway as a great place to live, work, learn and visit.”