UK-based property developer Weston Homes has purchased former Wellcome Pharmaceutical Factory in Dartford, Kent, to convert it into an £80m garden village.

Weston Homes acquired the 7.59-acre Mill Ponds site from Delancey Estates and will redevelop it into a mixed-use, waterside village with 400 homes.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

The latest development will offer one and two-bedroom apartments as well as two and three-bedroom houses, and will also feature a village pond and local high street.

The development will provide 28,567ft² of commercial space and 268,990ft² of residential accommodation.

"The Mill Pond and river setting will provide attractive waterfeatures for the adjoining homes and the leafy garden suburb inspired design will create a highly attractive place to live."

Pheonix Paper Mill, which was built in 1852, previously occupied the Mill Ponds site and was replaced in 1889 by the Wellcome Pharmaceutical Factory.

See Also:

Weston Homes chairman and managing director Bob Weston told insider media: "Our new £80m garden village will transform surplus industrial land and bring it back to use as high-quality residential housing and commercial premises.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

"The Mill Pond and river setting will provide attractive waterfeatures for the adjoining homes and the leafy garden suburb inspired design will create a highly attractive place to live."

Weston Homes’ acquisition is said to be part of its ongoing £1bn expansion programme and is set to double the company’s size in the coming years.

The transformed Mill Ponds and adjacent Northern Gateway sites are expected to offer a new urban centre to the south-east, encompassing more than 1,000 new homes, with both retail and commercial space of around 53,820ft².