Start of improvements before marina scheme

By Martin Neville

Monday, September 2, 2013

 

Start of improvements before marina scheme

Major improvements are planned for the Venture Quays site in East Cowes. Picture by Robin Crossley.

MAJOR improvements are being carried out at East Cowes’ Venture Quays site as part of ambitious plans to create a 300-berth marina.

Around £2 million is being invested by the Homes and Communities Agency (HCA) in upgrading buildings and improving services on the Isle of Wight site, with work expected to be carried out over the next six months.

Improvements include repairs to the roof of the Columbine building, provision of electricity, phone and utility services to each building and improvements to the apron to attract new marine businesses to the area.

Improvements to nearby Maresfield Road, Columbine Road and Castle Street will begin next month, according to the HCA.

It forms part of wider plans for the new 300-berth marina, with a hotel, restaurant and up to 100 new homes.

The HCA, which owns the site, said it would begin a tender process to appoint a developer later this year. An appointment is expected by next summer.

The progress follows a recent £3.16m investment by the HCA in Cowes Harbour Commission’s Outer Breakwater project, for a new 400m-long barrier to create a sheltered harbour.

Paul Flatt, senior development manager, said the HCA was committed to a new marina at East Cowes, bringing new jobs, businesses and investment to the area.

He said: "The work underway at Venture Quays is the latest step towards this aim and will play a key part in supporting the wider ambitions for the regeneration of East Cowes.

"The investment in Venture Quays is a signal of our commitment to the IW, which has clear benefits for the local economy by attracting new employers and jobs to the area."

Hose Rhodes Dickson and CBRE are marketing the business premises at Venture Quays for the HCA.

Reporter: martinn@iwcpmail.co.uk

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by Jim Buchanan

2nd September 2013, at 10:45:25

Bang, bang, bang. Same old drum. Investment happening to improve the Island and benefit EVERYONE, yet still the moaners carp on with the old standard, 'not a single affordable home for Islanders', 'moan, moan, moan', 'No, I don't know the facts', 'grump grump grump'. Stop complaining when things are improved.

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by Russell Palin

2nd September 2013, at 10:24:26

What would be the best use for the Hanger building with the worlds largest Union Jack? Needs a very good idea there. Film studio? Advertising center? Secret government building housing 007! LOL
Its a great place for a rich person or Co' to put some personality into, market that flag right and the East Cow will prosper like the West IMO In fact it is capable of more growth.
If the economy "gets more stable and (we the) people with more money and like old times!!!", East Cowes has got more growth space than West Cowes, it has less restrictions and red tape. Yet full access to all the top events, gifted by position. Does not take much to see all the potential for earning from investing, every scrap of undeveloped land will be bought and used just watch....
There are people who look forwards with doom+gloom and there are people who do not go there at all.
2013 is time to look forwards with good ideas for the future like getting Venture Quays right first time.
Good luck.

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by tony white

2nd September 2013, at 10:09:40

and not a singel home will be affordable for islanders, they will all be holiday homes for yachtsmen and used once a year leaving the area dead for the rest of the year, the chc empire grows

Any views or opinions presented in the comments above are solely those of the author and do not represent those of the Isle of Wight County Press.

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