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Projects

Javelin Way Development Project (Getting Building Fund)

Categories

Approval status

 

Fully approved

Delivery status

 

Construction in progress

Expected completion date

 

Spring 2022

​Javelin Way is an employment site on the Henwood Industrial Estate in Ashford. The project will support the development of the site for employment use, with a focus on the development of Ashford’s creative economy.

The scheme consists of two elements:

  • The construction of a ‘Creative Laboratory’ production space (with a ground floor internal area of 1,293 sqm). This will be leased from Kent County Council by Jasmin Vardimon Company, a world-renowned dance company and creative organisation.
  • The development of 29 light industrial units (with a gross internal area of 3,046 sqm), for sale and/or lease, suitable for additional creative businesses as well as the general market. Mezzanine floors will be available for the 29 industrial units, with full flexibility on the sizes of mezzanines to meet market demand.

The delivery of the project is also being supported through Growing Places Fund loan investment totalling £1,597,000. Further information on this investment can be found here.

Project Outputs
Jobs created/safeguarded 256
Learners assisted 48
Commercial space unlocked (sq m) 4,382
New/improved learning and training floorspace (sq m) 1,293

£85m of investment to East Sussex, Essex, Kent, Medway, Southend and Thurrock

The Getting Building Fund focuses on projects that can progress quickly and that will stimulate and better integrate economies in some of the most economically impacted and COVID-affected parts of the South East.

£85m of Getting Building Fund investment has been secured, enabling delivery of 34 projects across East Sussex, Essex, Kent, Medway, Southend and Thurrock.

Find out more here 

Funding value: £578,724
Total Project cost: £11,199,648
Return to Capital Investment