KEY INVESTMENT OPPORTUNITIES
Central business district Mixed-use opportunity comprising 136 acres on a number of sites between Southampton Central Station and the waterfront. Residential, office, retail and leisure uses are proposed.
Itchen Riverside Sites next to River Itchen including land adjoining St Mary’s Stadium. Development has commenced at Meridian Waterside and Centenary Quay, other opportunities for residential, employment and leisure uses.
Royal Pier Waterfront Mixed-use opportunity on waterfront adjoining city centre. Outline application for up to 730 homes, 500,000 sq ft of offices, 150,000 sq ft of shops, a 250-bedroom hotel, 110,000 sq ft of cultural and civic uses, leisure and casino.
INVESTOR INTEREST
Hammerson is selling 50% of its new Watermark leisure development to Singaporean sovereign wealth fund GIC. The £48.5m deal is expected to complete before the end of the year. Hammerson and GIC formed a joint venture to develop both Watermark and the adjoining Westquay shopping centre.
WHO TO KNOW
Dawn Baxendale, chief executive at Southampton city council, council leader Simon Letts and economic development manager Jeff Walters.
IN THE KNOW
Southampton is a major port city. It has a premiership football team, the Saints, and hosts one of the biggest on-water boat shows in Europe every year.
