On behalf of Brighton Marina owners Brunswick, Red Kite secured £42m development finance for Phase 1 of the Outer Harbour Development at Brighton Marina. The development comprises 200 open market flats and 30,000 sq ft of waterfront restaurant units.
The development finance was secured from ICG Longbow who have entered into a Joint Venture with Brunswick and formed The West Quay Development LLP.
The contractor on site will be Midgard and setting out has started on a complicated build coming out of the water.
Construction period is approximately 2.5 years.