‘Pent up demand’ drives enquiries to Centenary Quay
25 January 2011
Crest Nicholson Regeneration has reported an overwhelming level of demand for its new development, Centenary Quay in Woolston, Southampton, with over 150 enquiries in just one weekend and 800 in total from local people looking to buy a new home at the scheme.
The first homes at Centenary Quay, which is currently under construction, will be released for sale in February this year. As well as 1,620 new homes, the development will deliver a range of restaurants and cafes and several community facilities including a nursery and a library, significantly regenerating the area. The ethos behind the scheme is to create a vibrant community instilling a wider sense of social engagement within the development, an essential consideration in terms of creating a place where people want to live.
Susan Young, Sales & Marketing Director for Crest Nicholson Regeneration comments: “Since construction started we have had an overwhelming number of enquiries and we are pleased to see that local people are so excited about the scheme. With housing starts falling to an all-time low last year, pent up demand for new homes is being clearly demonstrated and out-weighing supply in the area.”
The seven year multi-million pound investment programme covers an overall area of 31 acres and will provide:
• 1,620 new homes providing accommodation for around 3000 residents
• New marine quarter to meet the needs of the marine industry
• Supermarket
• Community facilities
• A new Primary Care Trust facility
• A children's play area
• It is anticipated that the development will create up to 1,000 jobs.
Centenary Quay will also boast strong eco-credentials, with all new properties in the first phase of the development designed to meet the Code for Sustainable Homes level 3. Across the new buildings, around 15,000 sq m of green eco-roofs will help preserve flora and fauna and new public and private green spaces will be irrigated by rainwater through an ecologically sustainable urban drainage system. Surplus water will also be used to irrigate new river terraces being created on the foreshore.
Image shows: Artist's impression of the planned development Centenary Quay
Image copyright: Crest Nicholson/Allan Marten
For further information about Crest Nicholson:
Contact: Karen Richards at Grayling
Tel: 020 7025 7531
Email:karen.richards@grayling.com
