Waterfront investment floods in

Waterfront investment floods in

Dundee Waterfront, one of Scotland’s largest waterfront regeneration projects, has secured over £300m of investment – or around one third of its £1bn target. The investment, announced at Waterfront Expo 2011, goes towards a wide range of major projects, including the forthcoming V&A at Dundee.

Dundee Waterfront, one of Scotland’s largest waterfront regeneration projects, has secured over £300m of investment – or around one third of its £1bn target.

The investment, announced at Waterfront Expo 2011, goes towards a wide range of major projects, including the forthcoming V&A at Dundee as well as the completion of the new Dundee Council HQ at Dundee House, and the creation of a major flood prevention scheme to protect businesses and homes on the waterfront.

Dundee Waterfront is split into five strategic development sites, each targeted at a different property and economic sectors, comprising: Riverside (green space and leisure); The Port (offshore wind and tidal manufacturing and processing site); Seabraes (digital media and creative industries); Central Waterfront (residential, office and leisure) and City Quay (residential, retail and marina).

Mike Galloway, development director, said: “Dundee Waterfront is attracting a growing amount of interest, inquiries and, crucially, hard investment from a wide variety of quarters.

"We are well advanced with our plans and investment to completely re-engineer and transform the city. Dundee Waterfront is open for business and there are exciting opportunities for businesses, investors, developers and entrepreneurs at all levels.“