Homes England has confirmed its development partner for the regeneration of the 42-acre waterfront site at Daedalus, Lee-on-the-Solent as a joint venture between MurrayTwohig Development, Orwell Real Estate and Patron Capital, led by Daedalus Development Company.
The appointment follows Homes England marketing to find a partner to realise the comprehensive regeneration that will provide an economic boost to the local economy through the creation of new commercial and leisure sector jobs, as well as providing much-needed housing while protecting and reinvigorating the collection of historic and listed assets.
In recent years the site has been largely empty and dormant, and the important historic assets awaiting viable reuse. This new, ambitious vision, designed by master-planner ACME Architects, is for a creative regeneration of this historic waterfront site with a targeted, design-led, industrial innovation strategy supported by the local community.
Central to the vision is the restoration of the historic buildings, including the First World War hangars that face the Solent. These will act as a catalyst for economic development, a gateway to the project and an upgraded home for The Hovercraft Museum. The goal is to help it become a world-class visitor attraction – joining the rest of Hampshire’s unrivalled Naval and Maritime attractions.
