Work Starts On £500m Redevelopment In Woolston
A visit by Rt Hon Eric Pickles MP - Secretary of State for Communities and Local Government - is to mark the official start on site of the £500 million Centenary Quay development at Woolston Riverside.
The ‘foundation laying’ ceremony will be taking place on Wednesday 28 July, hosted by Crest Nicholson and the South East England Development Agency (SEEDA).
The event will celebrate the start of the construction works on the redevelopment of the former Vosper Thorneycroft shipyard site.
It will provide 1,620 new homes (of which 25% will be affordable), a Marine Employment Quarter, a foodstore, a range of mixed use office and retail spaces for businesses, a hotel, restaurants and cafes. The development is also expected to
create up to 1,000 permanent new jobs.
Chris Tinker, Regeneration Chairman from development partner, Crest Nicholson, said:
“This project is a fantastic example of partnership working between the public and private sectors. It has involved funding and commitment from SEEDA, the Homes and Community Agency, Southampton City Council, the Radian and Spectrum Housing Groups and Crest Nicholson.
“This strong collaboration between the public and private sectors has seen the acquisition of the site, the grant of Outline Planning, demolition, remediation and now the commencement of development all within an impressive six year timescale.
“I am delighted that the first phase of Centenary Quay has now commenced - which will deliver £6m new site-wide infrastructure, including the new spine roads and public realm, a decentralised energy system, 92 houses (44 affordable) and 76 apartments (15 affordable) all within the next two years.”