Developers Camper & Nicholson Marinas and Westcourt Real Estate have given more details of their East Cowes marina development.
The developers of the new East Cowes marina have revealed that they plan to completely regenerate the area, as part of a £200m masterplan.
Camper & Nicholsons Marinas will be leading the on-water development, which will be called Victoria Marina, in honour of the area’s historic royal connections.
And following the recent completion of the Cowes breakwater, the coast is clear for the developers to press on with their plans for the former GKN Aerospace site.
The new Victoria Marina will feature 400 new berths, measuring up to 25m LOA. What’s more, the project is expected to create 250 new jobs in the area.
On the shoreside, C&N’s partners Westcourt Real Estate plan to refurbish the Columbine Building (pictured above), which is famous for sporting the world’s largest Union Jack.
Other developments include landscaped gardens, office space for local and international businesses, and residential and hospitality properties situated alongside the marina.
Sir Christopher Lewinton, chairman of Camper & Nicholsons Marinas, said: “We will create new public amenities and an attractive place to visit and for the people who live there.
“And we are delighted to be re-establishing a long awaited operational presence in the UK for Camper & Nicholsons.”
Planning permission has been in place for more than five years, but a definitive timeframe for completion has not yet been announced.
The new East Cowes marina is just one part of a wider plan for the region called Solent Gateways, which will also see the expansion of the Red Funnel passenger ferry service.
Story by Chris Jefferies at MBY.com