Plans submitted for the major regeneration of Town Quay, Southampton

Published: January 16 2024

Town Quay in Southampton could see major regeneration if plans submitted by Nicolas James Group are granted planning permission.

The plans would see an exciting new waterfront destination created. This would include multiple restaurants, food halls, a large new marina, apartments, a new hotel, bar, conference and spa facilities.

The hotel will be part of the Nicholas James Group brand ‘THE NICI’, a name recognisable to many across the Central South, with The NICI Bournemouth picking up multiple awards.

If approved by the Council, the new development would open up the prominent waterfront site, which has remained largely inaccessible to the public for a number of years.

The plans were first announced early in 2023, with consultations carried out throughout the summer. The scheme received 74 per cent support from the public, with the final plans further improved to create a more visionary design.

Should the scheme be consented, works will begin in 2025. The project is expected to cost in excess of £200 million, with around 1,000 permanent jobs set to be created, along with a substantial amount of new permanent economic activity, delivering a major economic boost for the city.

The proposals will be funded by private equity and the sale of new apartments which will be built on reclaimed land on the far side of the marina.

Deputy Leader of Southampton City Council, Cllr Simon Letts, said:

“This exciting development will deliver a valuable boost to the city’s economy, bringing vital new jobs, new homes and greater public access to the area. The improved design will help to deliver the world-class waterfront destination that Southampton needs.”

https://thebusinessmagazine.co.uk/companies/plans-submitted-for-major-regeneration-of-town-quay-southampton/#:~:text=The%20scheme%20received,of%20the%20marina