Joint venture partners
24.5 hectares in Rochester, Kent.
Number of new homes
1,450 (25% of which will be affordable).
Gross development value
£375 - £400m.
Hyde and Countryside established a 50:50 joint venture to deliver the Rochester Riverside scheme and worked closely with the land owners, Medway Council and Homes England, to bring forward a mixed use development on this site. The community will benefit from a new school, nursery, hotel, restaurant and convenience store.
Why the partnership works
The partners worked together to:
- share our individual objectives and concerns
- equally invest resources
- inform the masterplan to create a more successful scheme
- provide a better outcome for the local community.
This is a hugely exciting scheme and we are very pleased to be working together with Hyde. Rochester Riverside is a crucial component in Medway’s regeneration plan, which is delivering quality homes and much-needed amenities for local residentsAndy Fancy, Operations Director, Countryside Partnerships South