The Future of the Admirals Quay Development is Secured

The future of a major planned development in Southampton has been secured.

The Admirals Quay development in Ocean Village will include new apartments, retail and restaurants, creating new jobs and investment in the popular harbour area.

Southampton City Council was delighted with the news that Barratt Homes has sold the site to Southampton based Allied Developments, who will now take the development forward.

Councillor Royston Smith, Leader of Southampton City Council, said:

“I am confident that this will now mean that this development will come to fruition. We are seeing developments stall or be abandoned across the country, however in Southampton we are moving forward with our major developments.

“This developer is financially strong and has a good track record at delivering. Allied Developments is a property developing company controlled by Charles Dunstone the founder and Chairman of Carphone Warehouse and Talk Talk.

“We hope to see them moving in as quickly as possible and are pleased another local developer is keen to bring further economic growth to Southampton.” Admirals Quay includes apartments, retail and restaurants and is situated in Ocean Village and will continue to be managed by Consort Property Management. Allied Developments owns the Fulcrum industrial development at Whiteley and has numerous residential sites on the Isle of Wight.

Peter Morton from Allied Developments said:

“While the housing market remains challenging we believe we can work with Southampton City Council to bring forward this development in the near future“. The number of new homes being built in the UK falls well short of demand for the present population, yet government figures indicate a rising population till 2030.

“Hopefully when the Bankers start to act sensibly and can stop their “feast or famine” approach to mortgages we will see a return to a more normal housing market.”

Image shows: Aerial view of Admirals Quay, Ocean Village
Image copyright: Southampton City Council
For more information, contact: Isabel Hokken, Media Officer at Southampton City Council - Tel: 023 8083 4672 - Email:Isabel.hokken@southampton.gov.uk

Alternatively: Contact: Peter Morton at Allied Developments - Tel: 023 80574575

via Invest-In-Southampton – Ocean Village Admirals Quay.