A decision on £250m investment in a Kent TV and film studio is yet to be announced by The Creative District Improvement Company (TCDI Co.) which is an urban regeneration specialist in collaboration with developer Quinn Estates.
This move is to restore the five at-risk Grade II listed-buildings in Ashford and convert them into the following:
- 80,000 sq ft of ancillary production space
- 80,000 sq ft of TV and film studios
- 50,000 sq ft of mill store and
- 30,000 sq ft of media village.
Furthermore, TCDI and Quinn Estates plans also include the Future Media Centre educational hub, a creative industries conference centre, 68 serviced apartments, a 120-room hotel and a 10,000 sq ft gym, leisure space, and a restaurant. Both TCDI Co. and Quinn Estate are combining to deliver the project scheduled for 2021along with architects Guy Holloway.
Founders Piers Read and Jeremy Rainbird of The Creative District Improvement Co. said: “It is a dream come true to regenerate an area that we have a close personal connection to and to provide such exciting employment opportunities. As we emerge from COVID-19, there will continue to be unprecedented demands for stage space and a demand for skilled workers which will continue to grow.