This, the culmination of four years partnership working to regenerate the former Betteshanger Colliery site in Dover, Kent, is an opportunity for investors to be a part of a landmark commercial, educational and socio-economic development that will help regenerate Dover district, provide a new profile and much needed regeneration for East Kent communities.
This is the creation of a green technologies UK first.
Celebrating Kent’s historic mining heritage, the scheme will inspire a new sense of place and civic pride bringing economic innovation, jobs, investment, increased tourism and regeneration to a chronically disadvantaged area, encompassing:
- A green technologies sustainable business and commerce Park.
- World class research & development supported by education.
- A new national visitor destination and learning facility for over 100,000 visitors in a sustainable energy and mining heritage park.
The scheme, one of three top priorities for Dover District, is led by Hadlow College Group. The College took ownership of the colliery site in July 2013.
The project will start on site April 2014 and open 2015. Throughout the process, Hadlow College has worked extensively with the Homes and Community Agency, Dover District Council and private sector partners to access a significant combination of public/private sector investment.
The first £40m phase is underpinned by £5m public funding from the Homes and Communities Agency, a coastal community fund award of £2.5m, and £750k from the East Kent Spatial Development Company. The scheme has, in principle, agreement for £11m of private investment with agreed pre-lets (subject to planning approval) from institutional investors for the first segment of phase 1. The project is expected to be self sustaining and profitable.
The scheme has widespread support at national, local, regional and local level including the Departments for Communities & Local Government and Business, Innovation and Skills, Industrial Coalfields and Coastal Communities Alliances, Kent MPs, Kent County Council, East Kent enterprise zone (Discovery Park) and the wider coastal communities, including the East Kent mining communities.
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