Urban Splash has been chosen to develop a £70m seaside community on the west coast of Scotland, it was announced at MIPIM yesterday.
The regeneration developer was picked by the Irvine Bay Regeneration Company to develop 300 homes on the 11-acre site at Irvine Bay.
The project, at the harbour of the former Scottish New Town, is the first of five towns planned by Irvine. It said many of the homes will be affordable for first time buyers.
There will also be leisure facilities, shops and commercial workspaces.
It will also be Urban Splash’s first venture north of the border.
Splash in Scotland
‘Being our first site in Scotland, the development is very special for us,’ said Tom Bloxham, Urban Splash chairman. ‘Hopefully will be the start of a very long term and successful business for Urban Splash in Scotland.’
The other towns to be developed in the Irvine Bay region over the next ten years are Ardrossan, Saltcoats, Stevenston and Kilwinning.
Irvine Bay is one of six URC’s set up by the Scottish government in a drive to improve Scotland’s most disadvantaged communities.