Plans to redevelop a disused Victorian paper mill in South Darenth have been approved by councillors in Sevenoaks.
The paper mill site was established in the 1820s
The authority said the move was "great news" for residents with developers set to contribute £660,000 to community facilities in the area.
Horton Kirby mill has two listed buildings and a chimney, and will be turned into housing and business space.
Residents had raised concerns about traffic and crime if plans were agreed. Others said the site needed developing.
Sevenoaks District Council said nearly £300,000 would be spent on projects that could include extending village halls, improving open space, and providing play equipment near the site.
It said money would also be spent on improving bus routes, educational facilities, the railway station, library, and walking and cycle routes to local schools.
And work would be carried out on the Horton Road outside the site, to improve the pedestrian crossing on the A225 and provide footpaths.