Medway is the largest conurbation in the south east outside London and the biggest regeneration zone within the Thames Gateway. Supported by significant government funding, with the potential for a further £1billion of private sector investment, we are recognised as an area of strategic development by the Ministry of Housing, Communities and Local Government (MHCLG). Medway is one of the most promising growth areas in the south east – our economy is now worth £5bn – with a growth rate ahead of the rest of the UK.
Driven by an ambitious vision for regeneration now well underway, Medway, by 2035, will be a leading waterfront university city of 330,000 people, celebrated for its revitalised urban centres, riverfront developments, stunning natural and historic assets, as well as its extensive countryside.
Our major regeneration programme is transforming Medway’s landscape, bringing 30,000 new homes, many of them stunning riverfront developments, and significant new employment opportunities with a predicted 17,000 new jobs over the same period.
More than 14,000 businesses have made Medway their home and we have a growing reputation as a centre for high value technology, engineering, manufacturing and creative and digital knowledge intensive businesses.
Medway is now a centre of educational excellence, boasting no fewer than four universities, the largest further education provision in the county and a University Technical College, all offering a range of academic and vocational learning opportunities to equip learners with the skills they need to secure employment. Strong links between education and business are providing a range of opportunities to grow Medway’s economy.
And our location, just 34 minutes from London by train, close to all major travel networks and midway between the capital and continent and a gateway to the historic county of Kent, means we are the ideal location for businesses and people looking for a superb place to live, work, learn and visit.
Medway has always been a place of cultural and geographic significance in the history of the UK with the second oldest cathedral in England, two castles, the Historic Dockyard Chatham, rich links to Charles Dickens and more than 30 days of free festivals each year, Medway attracts around five million visitors each year. The area is also home to large areas of outstanding rural beauty and parks – equivalent in size to 13 Hyde Parks – as well as the environmentally important North Kent Marshes on the Hoo peninsula.
Medway has ambitious regeneration plans for the future, and being one of only 45 authorities across the country to proceed to the second stage of the Housing Infrastructure Fund is a tangible demonstration of that. Medway’s bid at £170m, one of the largest to successfully progress to the next round will unlock the potential for 12,000 new homes, on the Hoo Peninsula, providing funding for physical infrastructure and community facilities such as schools, health, leisure and greenspaces.
Medway is rapidly emerging as the place to invest, Amazon have recently announced a new site, and to live “London living without the price tag” (The Telegraph). Join us on our journey!