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News - 21/02/17

Progress on Outer Harbour Project (OHP)

There has been some encouraging progress this month (February 2017) on the Cowes Outer Harbour Project recently with Cowes Harbour Commission able to report that a new provisional timeline has been agreed with the Homes and Communities Agency (HCA) and the HCA’s development partners VQEL (Camper & Nicholsons and Westcourt Real Estate). 

The harbour infrastructure is due to be delivered under a ‘Harbour Infrastructure Funding Agreement’ (HIFA) between the HCA, their developers, and CHC, with work on the Eastern Channel dredge and Shrape extension now planned for the last quarter of the year, potentially starting soon after Cowes Week. However, CHC emphasises that this is still very much a provisional timeline and is reliant on completion of the HIFA funding agreement with the HCA and their development partners.