A property redevelopment helped to get a town centre regeneration plan off the ground, by transforming a derelict, historic building into 14 attractive new homes for rent.
How town centres should adapt to change has been a topic of debate for some time, well before the disruption caused by the Covid-19 outbreak. Local authorities are leading the response to this challenge, working with developers and other partners to revitalise spaces for the local community.
The refurbishment of Lenworth House, a disused late Georgian building in the county town of Maidstone, offers a prime example of the benefits of this approach. Maidstone Borough Council (MBC) had prioritised the redevelopment of this site, to help meet the demand for rented accommodation and enhance the area's appearance.
With the help of a loan from CAF Bank, client Hemmens Contracts Ltd purchased the site, converting the existing property and constructing a new three story building to the rear. Soon after the building work was completed, MBC acquired the development from Hemmens. All fourteen of the well-located apartments are now rented by the council to private tenants.
Rob Hemmens, Director of Hemmens Contracts, said: “It’s fantastic being involved in this project and helping to replenish the housing supply in the area. It’s great to be involved in something bigger than us, and be a part of boosting the local economy and making an impact for the local community.”
William Cornall, Director of Regeneration and Place at MBC, said: “[The development of] Lenworth House was a key priority for the Council, as it signals a statement of intent in continuing to grow our market rented portfolio and create new sources of income to support core services.
“The regeneration of Lenworth House is not just about growing our housing stock, it’s about place-making and enhancing the town centre for the local community.”