Cargo 2 is the next phase of development for Millbay
The regeneration of Millbay has taken a step forward with the start of building work on the next phase of development – Cargo 2 – by Millbay’s lead developer English Cities Fund (ECf), a joint venture between Muse Developments, Legal & General Property and the Homes and Communities Agency.
Cargo 2 will feature a mix of high quality houses, apartments and ground floor commercial space at a key gateway site to the Millbay regeneration area, on land owned by the HCA to the south of Millbay Road, opposite the highly successful first Cargo development.
Work on site started this week with site clearance and preparation by Millbay-based Kier Construction, which was appointed by ECf to build Cargo 2 following a tender process. Construction is scheduled to be complete in summer 2013.
This year is set to be a busy year for Millbay with work also expected to start during 2012 on a stunning new marina at Millbay that will transform the inner basin of the historic Brunel-designed docks.
Duncan Cumberland, development director for Muse Developments, which is one of the partners in ECf, said: “We are very pleased to see momentum retained in the regeneration of Millbay with the start on site of Cargo 2.
“It has been an exciting six months for the regeneration scheme, with the America’s Cup World Series using Millbay for its race village, planning permission granted for the new marina and work starting now on the next phase of development.”
Cargo 2 will take forward ECf’s award-winning approach to high quality development which saw Cargo scoop a string of accolades including being named Best Housing Scheme at the Royal Institute of British Architects' South West Town & Country Design Awards 2009 and being judged as one of top ten best new developments in the UK through receiving a Building for Life Award.
The latest development will feature a mix of 48 houses and apartments with associated parking and ground floor commercial space. It will include 12 affordable homes being brought forward with funding support from the HCA and to be managed by Sarsen Housing Association.
Cargo 2 will overlook the new 179-beth marina, to be called King Point Marina, which is due to be built and operated by city-based waterfront regeneration specialist, the Sutton Harbour Group, subject to final lease agreements being signed with ECf and the HCA.