New Marina and Waterfront Mixed Use Development Opportunity - Victoria Marina Development, East Cowe

Descriptions

Waterside leisure facilities construction work. Marina construction work. Construction work for buildings relating to leisure, sports, culture, lodging and restaurants. The Homes and Communities Agency (HCA) is seeking to appoint a development partner for the development and operation of a 300 permanent berth marina (plus 100 visitor/event berths) and associated facilities in East Cowes, Isle of Wight. The opportunity includes a number of development opportunities including a hotel, food and drink outlets, residential and leisure activities. The scheme forms part of the ongoing regeneration of East Cowes town centre. The successful development partner will be required to acquire the sites for the development opportunities on a phased basis, over a period of approximately four years. A development partner will be appointed in September 2014. Planning permission for the marina has been granted. A programme of new harbour infrastructure will be commissioned by the Cowes Harbour Commission including a new outer breakwater which will be constructed during 2014; the other elements include a new Eastern Navigation Channel, an extension to an existing inner breakwater structure and the dredge of a new marina basin which will form part of the developer's development costs.