Camper & Nicholsons Marinas have proudly announced that they have been selected to lead the development of the new Victoria Marina, to be positioned at East Cowes on the Isle of Wight, UK. Construction of the new 400-berth luxury yacht marina is expected to start next autumn.
Victoria Marina at East Cowes on the Isle of Wight, UK
Site owner the Homes and Communities Agency selected Camper & Nicholsons Marinas to work as part of a consortium to lead the development of a vibrant new 400-berth luxury yacht marina. The proposed scheme includes a boutique hotel and a wide range of residential, commercial and leisure amenities for the 2.6 hectare site.
Subject to contracts, Camper & Nicholsons will work with Westcourt Real Estate, who are involved in developing the London City Cruise terminal in Greenwich, to redevelop the marina and bring forward detailed proposals for other key buildings on the site.
The selection sees Camper & Nicholsons return to UK shores after an absence of more than 10 years. It represents a coup for East Cowes and is expected to generate more than 250 jobs as a result of the redevelopment and creation of new employment opportunities.
Victoria Marina - Plan
Paul Flatt HCA Senior Development Manager said: “The proposals for a new marina are bold and ambitious and we need a development partner who shares this vision and has a track record of success.
“Camper & Nicholsons’ name has a strong historic connection to the Solent area. This is an exciting opportunity to apply their extensive international experience in marina development and operation in the UK, on one of the remaining key elements in the regeneration of East Cowes.”
Camper and Nicholsons are recognised as one of the world’s oldest and most prestigious yachting names, with specialisms in waterfront and marina development stretching back for more than 40 years.
Camper & Nicholsons’ Business Development Director Dan Hughes said: “Our selection as part of the preferred bidder consortium signals a return to the UK for the Camper & Nicholsons’ heritage yachting brand. Working in partnership with Westcourt Real Estate, we are very keen to develop and operate such a facility, in the heart of UK yachting.”
Isle of Wight Council leader, Councillor Ian Stephens, said: “This announcement is excellent news for a project which is bringing major economic, employment and other benefits to East Cowes and the island as whole. This project will continue with the aims and the objectives of the Isle of Wight Council in bringing economic growth and employment to the island and also reflecting our traditional yachting and leisure industry.
“We welcome the appointment of such a renowned company with strong historic links with the Solent.”
East Cowes on the Isle of Wight, UK
Sir Christopher Lewinton, Chairman of Camper & Nicholsons Marina Investments Limited, added, “Camper & Nicholsons are very pleased to have been selected by the Homes & Communities Agency to lead the development of a world class 400 berth marina in East Cowes.
“We also look forward to working with Westcourt Real Estate who will lead the related landside development programme. The Board of CNMIL believe that this marina presents a significant growth opportunity for us along with creating employment and contributing to the regeneration of East Cowes.”
The development of a 400 berth marina was granted detailed planning permission in 2013. Further detailed plans for development on key parts of the site are due to be announced early next year and are expected to include:
Improvements to the Columbine building to create a mix of marine, commercial and leisure space Conversion of the nearby Victoria Barracks building as an inn and hotel More than 100 new and affordable homes.
The site sits beside the recently announced redevelopment of the Red Funnel terminal at East Cowes. Recent phases of regeneration in East Cowes have included a new Waitrose store, medical centre and the completion of 180 new and affordable homes on the successful Victoria Walk development.
