Millbay named Development of the Year
Millbay is celebrating being named Development of the Year in the prestigious South West Property Awards.
The game-changing mixed-use regeneration scheme is creating an exciting new waterfront destination in the heart of Plymouth, Britain’s Ocean City.
And it clearly impressed the judges faced with a highly competitive shortlist in the annual awards organised by South West Business Insider.
In announcing Millbay as the winner, the judges said, the scale of transformation at Millbay and the delivery that has been achieved impressed them along with the focus on place-making.
They praised Millbay’s lead developer The English Cities Fund for the innovative way they had overcome the challenges of the site’s topography and the way in which the regeneration of the former docks has been future-proofed through the incorporation of raised levels on site and new flood prevention measures to protect the local area and wider city.
The award win in the South West Property Awards 2020 (delayed to 2021 due to Covid) is the latest in a long line of regional and national accolades for the project, which is breathing new life into the former docks site and repurposing the land in a sustainable way, to create a vibrant and welcoming harbourside community.
Millbay is being delivered by The English Cities Fund — a strategic joint venture between national urban regenerator, Muse Developments, Legal and General, and Homes England – in partnership with Plymouth City Council.
With over £120 million of a planned £250 million invested in the area already, the new coastal quarter for Plymouth is delivering an innovative mix of residential, leisure, business, hotel, leisure and retail development, with high-quality public spaces and direct access to the waterfront.
To date, the development has delivered over 550 new homes, 43,000 sq ft of business and retail space, improved infrastructure and refurbished listed docksides, new public realm, a 1,000- pupil school, the 171-berth King Point Marina and Dock Restaurant, with 400 more homes, a 126 bed hotel, 80-home extra care facility and more commercial space to follow in the next five years.
The latest phase, Quadrant Wharf, has seen new residents move into a mix of stunning one, two and three-bedroom apartments and split-level homes.
The fund’s multi-million refurbishment of Millbay’s inner harbour and listed quay walls has also helped position Plymouth as an internationally acclaimed sailing venue, with Millbay the location for the race village for one of the world’s most spectacular international sailing events, SailGP, in July 2021 and playing a similar role when the Americas Cup World Series visited was hosted in Plymouth in 2011.