Monday, January 31, 2011

Regatta Quay Races Away

The multiple block scheme has been designed by Brighton based architects, AQP for City Living Developments. In it will be two towers, 16 storeys and 12 storeys respectively which combined with their adjacent and tightly connected blocks will increase the total costs of the development to £84 million. The lowest two floors of the scheme will be given over to a mix of 3716 square metres of commercial uses including offices for small businesses, retail outlets such as shops and restaurants plus various leisure facilities. Residential space will be 20,000 square metres of space translating into 290 1, 2 and 3 bedroom apartments. Of these 30 will be refurbished and set in the buildings that the new build towers are attached to. Delivery of the scheme is phased with the first part having been released in late January 2007 and having proven popular in the Suffolk town due to the sales level of almost 50% so far. The second phase has only recently been released but the main penthouse apartment on it has already sold out showing the demand that those with cash have for getting exclusive top floor apartments in new build developments. If construction goes to plan then the whole complex should be finished by the end of 2009.

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