The Romney Marsh Employment Hub
- Capital Investment - Getting Building Fund, Kent & Medway, More than £2m
Approval Status
Fully Approved
Delivery Status
Construction In Progress
Expected Completion Date
Spring 2024
Getting Building Fund investment is being sought as part of a funding package to further develop the Mountfield Road Industrial Estate. This includes the development of a business hub of 751 sqm divided into 14 rooms of varying sizes, with offices built for businesses that will range in size from 2-10 employees. The planned flexibility of the space within the business hub will mean that it could also lend itself to providing space for skills training. There is land within the hub site for the building to be further extended by 427 sqm to provide either more business space or a more bespoke skills facility depending on demand.
The undeveloped 6 hectares on the industrial estate requires an access road and servicing.
Completing the development of the whole employment hub, including unlocking the remaining employment land, will enable up to 620 jobs to be created in the Romney Marsh area.
At the Accountability Board on 11 February 2022 it was agreed that GBF funding can be retained against the Project beyond 31 March 2022 for a maximum period of 6 months.
| Project Outputs/Outcomes | |
|---|---|
| Jobs created/safeguarded | 335 |
| Construction Jobs | 28 |
| Commercial space unlocked (sq m) | 751 |
| Roads, cycle lanes and walkways maintained/built (km) | 0.379 |
£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 45 projects across East Sussex, Essex, Kent, Medway, Southend and Thurrock.