Medway’s long-running regeneration programme has taken another step forward with the launch of a new residential scheme in Chatham, aimed at expanding access to affordable housing while supporting wider economic growth across the region.
Property consultancy and estate agency Connells is working in partnership with Medway Development Company on The New Tide, a new development set to deliver 56 shared ownership apartments in a central riverside location.
Positioned in the heart of Chatham, the scheme forms part of a broader strategy to revitalise Medway’s urban core, attract new residents and investment, and address growing demand for accessible housing options in the South East.
The New Tide will offer residents views across the River Medway alongside proximity to transport links, retail amenities and employment hubs, positioning it as a key addition to the area’s evolving residential landscape.
Louise Savage, Land & New Homes Director at Connells, said the development represents an important milestone both for the partnership and for local housing delivery.
“We are delighted to support Medway Development Company Ltd in their mission to deliver their first development of shared ownership homes to the Medway community,” she said. “These homes form part of the vital regeneration of Medway and our shared ownership specialists are looking forward to launching the development.”
The introduction of shared ownership homes is particularly significant in the current housing climate, where affordability constraints continue to limit access to home ownership for many first-time buyers and local residents.
By offering a more accessible route onto the property ladder, developments such as The New Tide are increasingly seen as a critical component of regional housing strategies, especially in areas undergoing regeneration and population growth.
Connells’ specialist affordable homes team will oversee the launch and sale of the properties, working closely with Medway Development Company to ensure the scheme reaches its target audience and supports local demand.
The development is scheduled to launch this summer and is expected to attract strong interest from buyers seeking a combination of affordability, connectivity and modern living space.
Beyond its immediate residential impact, The New Tide also reflects a broader shift in how regeneration schemes are being delivered across the UK, with a growing emphasis on mixed-tenure housing, community integration and long-term sustainability.
Medway has been the focus of significant public and private investment in recent years, with efforts centred on transforming former industrial and underutilised land into vibrant residential and commercial districts.
Projects such as The New Tide are designed not only to provide housing, but also to support local economic activity, improve infrastructure utilisation and enhance the overall attractiveness of the area as a place to live and work.
As regeneration continues across Chatham and the wider Medway towns, schemes like this are expected to play an increasingly important role in shaping the region’s future — delivering both new homes and renewed confidence in one of the South East’s key growth corridors.
