On site work on the £117 million Campbell Wharf development in Milton Keynes has commenced. The residential-led mixed use scheme includes 383 new homes, a narrowboat marina, public house, nursery and a mix of retail units and is set to transform and revitalise a much-underutilised part of Central Milton Keynes.
Once it approaches completion, the development will deliver 332 one and two-bedroom apartments and 51 three, four and five-bedroom houses. Moreover, 30% of the properties on site have been reserved for shared ownership and affordable housing, in order to meet local housing needs in the community.
“We are pleased to have cemented our agreement with the Milton Keynes Development Partnership and look forward to working together on this significant development. Once complete the scheme will provide a new gateway from the Canal to Central Milton Keynes and deliver much needed new homes to the area,” said Scott Black, Managing Director at Crest Nicholson.
Located on the eastern edge of Central Milton Keynes with easy access to both Milton Keynes Central Station and the M1, the site is divided into two distinct areas by the Grand Union Canal. The 8.15 ha site will also include a new marina on the Grand Union Canal, providing 111 berths, a canal-side pub, café, restaurant and a new footbridge linking the two sides of the canal.
“As our city continues to grow, MKDP is committed to playing its part in helping to create well-designed, vibrant & affordable new communities in partnership with a range of local developers. As part of the Campbell Wharf development, MKDP and the developer Crest Nicholson will be creating 115 affordable new homes, a new 111 berth marina alongside the city’s renowned Grand Union Canal, and importantly, will be contributing towards the cost of upgrading the infrastructure of our city centre,” commented Councillor Rob Middleton, Cabinet Member responsible for Resources and Innovation.
The new marina is expected to open in April 2019, while the first residential dwellings on site will be occupied in October 2019. The development is expected to be fully completed by 2023.