South East England Development Agency (SEEDA)

Development Partners Sought for Key Regeneration Site in Southampton

3rd December 2004

The next phase in the regeneration of the Woolston Riverside site in Southampton has begun with an invitation by the South East England Development Agency (SEEDA) for development partners to join them in bringing forward this strategic site.

Expressions of interest are being sought from developers which have a track record of producing schemes incorporating high standards of sustainable regeneration, and experience of working on large, complex, mixed-use developments.

SEEDA is seeking to procure commercial and residential development partners to deliver a thriving and sustainable mixed-use community. It is proposed that up to 1,500 homes and 60,000 sq m of commercial space will be developed and will help to create or safeguard up to 1,000 jobs.

SEEDA's Head of Land and Property (West), Ken Glendinning, commented: "This is an exciting and unique opportunity to work with SEEDA to deliver in partnership the regeneration of a major waterfront site. This development will be a significant boost for the local and wider communities and we look forward to now engaging with our partners."

A planning brief has been agreed and adopted by Southampton City Council, and SEEDA has developed an illustrative masterplan that shows a broad mix of uses to include 45,000 sq m of marine related employment and up to 140,000 sq m of residential space. A further 15,000 sq m has been identified for retail, leisure and community facilities, which will be incorporated into the heart of the scheme.

Submissions, in the form of a Pre-Qualification Questionnaire (PQQ), to develop all or part of the site, will be reviewed by the Agency early in 2005 and a shortlist of developers announced in spring 2005. The selection of the preferred development partners will take place in summer 2005. For a copy of the PQQ, please visit the website: www.woolstonriverside.com.