| the south east SEAFRONT REVIVAL B
righton & Hove City Council has granted, subject to planning, a five-year
temporary lease to Sea Lanes Brighton Ltd for the development of the former Peter Pan site on Madeira Drive, Brighton. At the heart of the development,
scheduled to open in November 2018, will be an outdoor heated swimming pool. The pool will see the city transformed into a national centre for excellence for open water swimming, bringing the seafront back to its former glory and act as a further catalyst for the regeneration of Madeira Drive. The pool will be heated and open to
everyone, of all swimming abilities, individuals wanting to swim to get fit and those training for open water swimming events and triathlons. Open water swimming has seen a 20 per cent annual growth since the 2012 London Olympics and the Sea Lanes swimming pool will contribute significantly towards the city’s swimming pool provisions – which currently reach only 44 per cent of the Government’s target. The locally-driven development has
been designed to benefit the local residents, and the local economy, whilst the wider regeneration plans for Madeira Drive are developed.
CRAWLEY GROWTH
number of key projects which collectively will regenerate the town, unlock investment opportunities and drive economic growth.
C The programme has stemmed from a
growth deal, signed by West Sussex County Council and Crawley Borough Council, to increase joint collaborative working between the two councils. To deliver the projects the councils are
working with partner organisations, including: Coast to Capital Local Enterprise Partnership, Gatwick Airport Ltd, Manor Royal Business District and Metrobus. The programme will:
• Transform the business and living environment in the town centre and Manor Royal
• Deliver much-needed new Grade A office space
• Unlock private funds for a new Crawley railway station
• Enable 1,000 new town centre homes to be built
• Grow new retail investment • Improve sustainable transport infrastructure in the town centre, at Manor Royal and at three railway stations.
30
rawley Growth Programme, worth over £60million, is delivering a
a cost competitive location with a great natural environment. Our recent ‘We Have a Great Story To
T
Tell’ report shows just how popular the region (which includes Chichester, Bognor Regis, Worthing, Littlehampton and Shoreham-by-Sea) is for both business and living. “An area of investment, growth,
connectivity and opportunity with an increasing reputation as the location of choice for investment, the Coastal West Sussex region certainly does have a great story to tell,” said Caroline Wood, Director for the Coastal West Sussex Partnership Key figures:
• The Coastal West Sussex area has a commuter pool of 3.5 million people
• £35 million has been invested into higher education
• Our local economy is worth £9 billion £1.5 billion has already been invested into the region
• Over 17,500 new homes are planned • We have over 18,700
businesses thriving in the area
MARKET UPDATE FROM LAWSON COMMERCIAL
L
awson Commercial partner Chris Lawson reports: ‘Although the commercial property market seems to have got off to a slower start in 2018 nonetheless there is still plenty of enquiries for commercial buildings throughout the local area. Overall there is a shortage of commercial space available particularly in the retail and industrial sectors. We recently received instructions on a unit on the Potts Marsh Industrial Estate in Pevensey, a good small 1,500 sq.ft unit with a mezzanine, and that was only on the market for 2 weeks before we found a tenant and solicitors were instructed. There is a huge shortage of available industrial units of all sizes through the area. Despite the march of online shopping and the impact that is having on our High Streets there is also still good demand for small shops particularly those with innovative and unusual ideas where they will draw customers to them. We would therefore welcome hearing
from any occupiers or landlords who have got premises they want to move on. We offer an initial appraisal free of charge and are happy to come and meet anyone to discuss their ideas.’
COASTAL WEST SUSSEX
he Coastal West Sussex area is an exceptional place to live and work; it’s
£2.2M GIGABIT CAPABLE FULL FIBRE A
Mid Sussex District Council project to stimulate the market by making the development of gigabit-capable full fibre infrastructure more commercially viable has been funded by the Government. Thanks to the support of Sir Nicholas
Soames MP, the Council was able to arrange a visit and a presentation to The Rt Hon Matthew Hancock MP, now Secretary of State for Digital, Culture, Media and Sport in October 2017.
The Council officially outlined its new approach to Fibre Broadband delivery earlier this year and has now successfully secured up to £2.2 million from the Government’s Local Full Fibre Network (LFFN) fund.
With the need for faster connectivity expected to dramatically increase over the coming years, the Council aims to stimulate the market by making the deployment of gigabit-capable full fibre infrastructure more commercially viable. The Burgess Hill project, will see the public and private sector working together to install the gigabit-capable full fibre infrastructure in Burgess Hill as part of the broader regeneration and development plans.
WEALD HOUSE OFFICES - BEXHILL
R
egeneration company Sea Change Sussex has started construction of
the second office building at the Bexhill Enterprise Park in East Sussex, following the completion and pre-letting of Phase 1 to Park Holidays UK. The second building, High Weald House, will provide office suites ranging from around 600 sq.ft up to 25,000 sq.ft and will be suitable for small, medium or large companies. High Weald House will sit in a
stunning countryside setting and be easily accessed from the new Combe Valley Way connecting to Hastings and the A21 to London, as well as to Bexhill town centre.
The new offices will be available from spring 2019 and are pre-letting now. Sites are also available on the Bexhill
Enterprise Park, capable of accommodating premises from 2,000 sq.ft up to 220,000 sq.ft.
COMMERCIAL PROPERTY MONTHLY 2018 NEW HIGH
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