Land Securities announces that it has exchanged contracts with Ward Homes for the sale of 150 residential plots in the Ebbsfleet Valley. The development of the 2.5 hectare plot sees the beginning of the 269 hectare Eastern Quarry development, which forms part of the wider Ebbsfleet Valley project.
Land Securities will provide serviced land parcels to Ward Homes by carrying out enabling infrastructure, as well as providing a Country Park and improvements to Southfleet Road. The infrastructure work is set to commence in the summer with the housing construction, due to begin in Autumn 2013.
The development will be made up of family houses, located with easy access to Ebbsfleet International Station (under a kilometer away), which offers high speed domestic services to destinations including Kings Cross St Pancras and Stratford, as well as Eurostar services to Europe.
Emma Cariaga, Development Director at Land Securities, said: “We are delighted to have exchanged contracts with Ward Homes which enables the first stage of our redevelopment in the area. This marks the start of an exciting regeneration of the area, which will bring new homes and businesses to the Ebbsfleet Valley region. This represents a significant step forward in relation to the Government’s desire to see economic growth and housing delivery in Kent Thameside”.
Mark Bailey, Managing Director at Ward Homes, said: “Ward Homes is proud to be associated with this unique landmark development and pleased that our local Kent brand was selected as the most appropriate to launch this prestigious site. We look forward to working closely with Land Securities and are committed to delivering a quality residential scheme that we are confident will be a highly desirable place to live”.
Source: Land Securities