Fruit & Vegetable Market Quarter

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Site Details

Developer: Hampshire & Regional Property Group

Investor: Rockspring Property Investment Managers LLP

Management Company: Atlas Residential

Opportunity: Occupier for commercial floorspace in phase 3

  • £60m GDV residential led scheme
  • 280 apartments
  • 900 sq m commercial floorspace

Image: SWN Photography


 

Hampshire & Regional Property Group and Rockspring Property Investment Managers LLP are currently transforming Southampton’s former fruit and vegetable market into a new residential hub.

The development is the first PRS (Private Rented Sector) project in the region and will include 280 one and two-bedroom apartments, split across three blocks in an ‘L’ shape.

Nearly 900 sq m of commercial space will be split between two of the blocks, one acting as a marketing, management and communal facility for tenants with the other providing flexible space for commercial users or retailers.

The total value of the project is estimated to be £60m GDV and the development is being constructed in three phases over the next two years, with the first phase completing in mid 2017.

Rockspring Property Investment Managers LLP are the investors in the project, having purchased the site from Southampton City Council, and Atlas Residential will be the management company for the PRS scheme.

 

 

 

 

 

 

 

Need help, get in touch

If you would like to be part of Southampton’s success story, discover more about our ambitions and the opportunities available please get in touch:

Jeff Walters, Economic Development Manager
Tel: 023 8083 2256 Email: jeff.walters@southampton.gov.uk Twitter: @InvestSoton Subscribe to our e-alert