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28 June 2006
Joint venture partners Countryside Properties and Land Securities have submitted a detailed planning application to Gravesham Borough Council for the first phase of Springhead, the first stage of development at Ebbsfleet in Kent Thameside.
The detailed proposals are for the first 388 new homes. Springhead will ultimately comprise 600 new homes and these will be carefully combined with a park, and a wide range of community facilities including a community centre, a place of worship, a doctor's surgery and a primary school as outlined in the earlier outline planning application.
With a mix of one and two bedroom apartments, and two, three and four bedroom homes, the architecture at Springhead takes its inspiration from traditional Kentish vernacular. 25% of the homes will be available through housing associations for shared ownership or rent.
Tony Travers, Subsidiary Managing Director of Countryside Properties, said: "This development is an important part of Kent Thameside. We are proud to be working with Land Securities to provide the very best homes and facilities at Springhead."
Steve Atkins, Development Manager for Land Securities, said: "Springhead is a further milestone in the regeneration of Kent Thameside and is the first phase of residential development at Ebbsfleet Valley".
The new International and Domestic station at Ebbsfleet, which is scheduled to open for domestic services in 2009, is just five minutes from Springhead and will bring London within a 15 minute journey time.
Springhead will be linked to Ebbsfleet station and the local area via Fastrack, the new public transport system in operation in Kent Thameside.
Subject to planning approval, work should begin on site in November 2006 with the first properties ready for occupation in March 2008.
Notes to editors:
Countryside Properties
Countryside Properties has unrivalled skills and experience in the development of sustainable communities, mixed-tenure and mixed-use schemes, and urban regeneration. The Group is widely recognised as a responsible developer which is totally committed to sustainable development. Countryside Properties' vision is to create places for people where they can enjoy a good quality of life.
The Company has a £6.5billion development programme and is active in the Government's key growth areas including the Thames Gateway, M11 Corridor and the Northern Way. Countryside Properties is working with key stakeholders, Government agencies and local communities to deliver schemes of lasting value.
The Company, which was incorporated in 1958, is owned jointly by the Cherry family and Bank of Scotland which is providing the Group with significant funding. Countryside Properties has an annual turnover of £400m, employs some 800 people and 93% of our residential development is on brownfield and recycled urban land.
The Group is What House? 'Housebuilder of the Year 2005' and Building's 'Sustainable Housebuilder of the Year 2005' and is the Overall Winner of the Housing Design Awards 2005.
Land Securities Group PLC
Land Securities is a FTSE 100 company, quoted on the London Stock Exchange. It has been at the forefront of the UK's commercial property industry for over 60 years.
Today, the Group maintains its market leading position as the UK's largest quoted property company by providing commercial accommodation and property services to a wide range of occupiers. The Group's objective is to create attractive and sustainable returns for its shareholders through its activities, which include property investment, development and property outsourcing.
Land Securities holds a market leading position in three areas of the UK commercial property market:
Its £12.9 billion combined investment portfolio totals six and a half million sq feet, including office and retail space in Central London, 30 shopping centres, 30 retail parks and 10 supermarket properties located across the UK.
It has a substantial development programme including major retail-led urban regeneration schemes and Central London mixed-use developments. The Group is also master planning one of Europe's largest regeneration schemes in Kent Thameside.
The Group leads the market in property outsourcing where, through Land Securities Trillium, it provides accommodation and property-related services to the Department for Work and Pensions, the BBC, Norwich Union, Barclays Bank, DVLA and through Telereal to BT.
The Group is committed to environmental initiatives and community involvement recognised by the Group's inclusion in the BiTC Corporate Responsibility Index, FTSE4Good Index and the Dow Jones Sustainability Index.
For more information on Land Securities visit www.landsecurities.com
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Information correct as at 28/06/2006