InsightsNews - Brachers - POSTED: November 28 2013
Brachers reveals role in high-profile Betteshanger regeneration scheme
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Brachers today made public its role advising Hadlow college in the high-profile £40 million Betteshanger Colliery regeneration scheme, heralded as creating a ‘green-energy-producing global laboratory’ for the UK.
Brachers today made public its role advising Hadlow college in the high-profile £ 40 million Betteshanger Colliery regeneration scheme, heralded as creating a ‘green-energy-producing global laboratory’ for the UK.
This is the latest in a series of large corporate and property transactions in the region where the advisory work has been allocated to local firms rather than gravitating to London teams. Other recent examples include the sale of Kent Pharmaceuticals earlier this year and more recently a deal to expand electronics component manufacturer Maruwa’s production at its European Headquarters in Ashford.
East Kent is also home to Brachers new 1030 sq foot office space at the recently opened Discovery Park, a key business and technology hub in the region.
The Betteshanger regeneration scheme is significant for Kent in that it will completely transform the area in and around the 299-acre colliery near Dover and is anticipated to create around 1,000 jobs for the Kent region. It will include a 65,000 sq ft green technologies business park and a research, development and education centre. The development is also significant UK-wide and globally, as it is to set an example how the UK can shift from fossil fuels to renewables.
Sarah Gaines, Partner said:
“This ‘global laboratory’ will help set the UK green agenda in our move away from the national dependence on fossil fuels. We are proud to see Kent is taking such a lead role in this area and at Brachers we know we are privileged to be so closely involved.”
Managing partner Jo Worby said: “Brachers has very strong links with the region’s past, having been established in Kent for over a century. And we have an ongoing investment in its future, as our role in such forward-thinking ventures as the Betteshanger regeneration scheme attests. We are delighted to be involved.”
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