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Projects

The Romney Marsh Employment Hub

Categories

Approval status

 

Fully approved

Delivery status

 

Design in progress

Expected completion date

 

Winter 2021/22

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.

Project Outputs
Jobs created/safeguarded 335
Commercial space unlocked (sq m) 751
Roads, cycle lanes and walkways maintained/built (km) 0.35

£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: £3,536,466
Total Project cost: £7,081,466
Return to Capital Investment