South Coast Metropole South Coast Metropole - King Sturge

This 7,618 m² building has suffered in the past as it
was not ready for immediate occupation. However,
with the reduced quoting terms to £212.59 m² and
the fit-out finally completed, this building should
start to attract some serious attention this year.
The key to the continuing growth in take-up and
rents in Southampton city centre will depend on
how bullish the developers are. The city centre has
never had so many potential office developments
in the pipeline.
Probably the most prestigious scheme in the pipeline
is the Mayflower Plaza site owned by Terrace Hill.
The developer has submitted a planning application
for 180 apartments, a 150-bed hotel and a 10,591
m² office building. The office building, known as
Mayflower Point, is undoubtedly the most prominent
of the new build opportunities in Southampton.
The seven-storey building will provide floorplates
of approximately 1,394 m² with basement parking.
With close proximity to the railway station and the
city centre the scheme should attract early interest.
The hotel element has already been pre-sold to a
major chain, and a residential developer has been
selected. The offices will be built speculatively.
Adjacent to the Carnival UK development on West
Quay 3 a new 13,656 m² scheme known as Aqua
is proposed. This site does not have planning
permission and therefore a large building can be
tailor made to suit occupier requirements.
as Grosvenor House, Cumberland Place. It is likely
that the two adjoining buildings including the former
Bank of Ireland accommodation will be brought into
this development. Plans are yet to be unveiled,
although it is likely to end up a high multi-storey
mixed-use scheme.
Former ambulance station, Southampton
In April 2007 Durngate received planning for a
new headquarters for Raymarine in Portsmouth.
The site was originally planned for a circa 11,148
m² office development in two buildings; however,
with Raymarine requiring 6,503 m² of office space
with 2,787 m² warehouse accommodation the site
met their requirements perfectly. Contractors are
currently on site.
Linden Homes have obtained consent for a 6,503
m² office development in three buildings on the
former New College site on the Avenue north
of Southampton city centre. Linden Homes are
currently seeking a commercial development
partner to take this site forward.
The former Ambulance station on East Park Terrace
has outline consent for apartments, an hotel, an
aparthotel and 6,503 m² of office space. Imperial
Developments, the current owners, are seeking to
offload the commercial element of this scheme.
Through 2008 we are also likely to see further
planning applications submitted for the
redevelopment of the former AXA building known
Raymarine Headquarters, Portsmouth
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