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News Release

Southampton

Jones Lang LaSalle brings two exciting East Cowes development opportunities to market


Southampton, 21st May 2012 - Jones Lang LaSalle is bringing to the market two new exciting development opportunities in the heart of East Cowes on behalf of the Homes and the Communities Agency.
 
Site One is a 0.42 hectares (1.04 acres) mixed-use development site for sale and is suitable for a range of uses including care home, residential, retail and employment uses.
Site Two is a prominent Residential development opportunity with potential for circa eight town houses.
 
The two sites form part of the next phase of the successful regeneration project of East Cowes and are included within the approved East Cowes Masterplan.  Phase one has already seen a new town square, Waitrose foodstore, 200 space car park and medical centre whilst a new housing estate by David Wilson Homes is under construction, all of which surround the two new available sites.
 
Michael Green, Head of Jones Lang LaSalle's Southampton office, said: “This is an exciting time for the town of East Cowes and we are delighted that we can be involved in this key project. We really look forward to providing schemes that will assist and benefit the town.”
 
The prominent sites are situated at the mouth of the River Medina and a regular vehicle and passenger ferry service to the mainland is located within 300m of the sites.
 
Mark Douglas, Surveyor in Jones Lang LaSalle’s Southampton office, added: “We seek any expressions of interest from the development sector to discuss the options available on the two sites. A technical information pack is available to any parties interested. ”
 
For further information please contact: Michael Green – +44 (0)23 8038 5613 michael.green@eu.jll.com
Mark Douglas – +44 (0)23 8038 5612 – mark.douglas@eu.jll.com