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MSIL to Develop Royal Pier Waterfront Regeneration in UK

 MSIL to Develop Royal Pier Waterfront Regeneration in U..
 
 



Morgan Sindall Investments Limited (MSIL) has been named the preferred developer of the Royal Pier Waterfront regeneration project in Southampton, United Kingdom. The £450 million urban renewal project stems from a partnership with Southampton City Council, the Crown Estate and Associated British Ports and will last 20 years.

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The Royal Pier Waterfront regeneration plan includes the development of office, residential and retail space as well as enhanced recreation facilities. “MSIL is financially strong and will bring a large number of vital jobs to the city,” said Councillor Royston Smith, Leader of Southampton City Council, in a statement. “Despite the current financial climate Southampton continues to attract interest for developments in the city and the council is working hard to attract many more jobs for residents. I am confident MSIL will create a scheme that will place Southampton as one of the most dynamic waterfront cities in Europe, but also to create a legacy for the city of which everyone can be truly proud.”

“We are delighted to have been selected as preferred developer for this major waterfront scheme. Being South Coast based and familiar with Southampton, I know how important it is to achieve an exciting and vibrant development for which we can all be proud,” said Ernie Battey, Executive Chairman of MSIL, in a statement. “This key site provides the opportunity to position Southampton at the forefront of internationally recognised waterfront schemes and MSIL has the experience, knowledge and financial stability that will be crucial to its successful delivery.”




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