On 17 December 2015 simultaneous exchange and completion took place on the land at Otterpool Manor Farm.
On 24 November 2015 Hobbs Parker sent the memorandum of sale confirming that the council's bid to buy the land at Otterpool Manor Farm had been successful.
September and October 2015
Hobbs Parker and Elgars jointly marketed Otterpool Manor Farm, Sellindge. Bids for the land had to be submitted to them by 20 November 2015.
AECOM continued to explore the potential for development, at different scales and with different mixes of land use, on land adjacent to Junction 11 of the M20 and north of the A20.
This was intended to assist Folkestone & Hythe District Council assess what might constitute appropriate development at this location. The work was supported by an Interim Utilities Statement and employment market review.
This work was useful in terms of facilitating some initial thinking regarding the key issues related to strategic housing and employment growth at this location that allowed the growth potential of the area to be explored in more detail.
The Economic Development Strategy 2015 - 2020 was published.
This includes (page 7) section 3.6 'identifying and bring forward appropriate sites for commercial development' and the need to explore opportunities for identifying new employment sites in and around the three M20 junctions. Also one of the priorities in the action plan was:
'Commission master planning and a feasibility study to assess the employment potential at M20 J11 working with landowners and KCC to shape proposals for a lorry park.'
February to May 2015
BBP Regeneration undertook a review of small workspace provision in the district to identify if there were gaps in supply by both type of space and location across the district.
This work identified a gap between the existing stock and latent demand for small workspace in the district and identified a number of suitable locations with potential to meet this need including an out-of-town location with good connectivity at the Junction 11 of the M20.