Presenting an overview of Ashford latest regeneration project –
Newtown Works, Ashford Film Studios.
With £250 million of investment money and planning permission now approved, in case you missed it here is a complete overview of the project.
Ashford’s latest regeneration project has brought together one of Kent’s top builders, Quinn Estates, alongside a specialist within the film and real estate industry, The Creative District Improvement Company. With a successful track record in studio developments in both Liverpool and Twickenham amongst others, the Newtown Works project aims to catapult a whole new industry into the town.
This project is centred around putting Ashford in the limelight as a significant new player in the digital revolution with a mixed use development centred on the creation of TV and film production space.
The speed of change in this industry makes it one of the fastest growing industries globally, and with that, the need for modern space. The emergence of major global players such as Netflix and Amazon Prime together with the rise of streaming only operators from some of the more traditional players such as Disney, means demand is fast outstripping supply.
Although Kent has a presence within the media industry with the likes of Maidstone studios, the combination of a forward thinking award winning developer, a specialist player within film and real estate and a unique historical site like Newtown Works, means that Ashford and Kent can maximise the proximity to both London and Europe to create a new industry.
The opportunity in terms of profile and job creation makes this a true gamechanger for the borough and one that takes a long redundant complex of buildings and transforms it into an epic regeneration project.