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One million sq ft of land released in ongoing Dundee Waterfront development scheme
The team leading the £1bn redevelopment of the Dundee Waterfront has released one million sq ft (92,000sq m) of land for mixed-use development in the central waterfront area of the site.
Current projects to be included in the central waterfront area include the £45m V&A Museum of Design Dundeeas well as the new Dundee railway station.
Plans for the area also include a ‘Maritime Way’ and a marina to accommodate commercial and leisure vessels.
The land available will include various leisure facilities, in addition to hospitality, retail, residential, offices and an array of cafés, bars and restaurants.
A further 500,000sq ft (46,000sq m) of mixed-use land will be released across two firther sites in the area in early 2016.
“The growth in leisure and tourism spend alone will generate very attractive opportunities for hospitality, visitor attraction and support sectors such as transport and catering,” said Mike Galloway, director of city development for Dundee City Council.
“The release of this land will broaden the range of development choices and will we hope be well received by the business community.”
The ongoing redevelopment scheme is a joint venture between Scottish Enterprise and Dundee City Council, with the masterplan aimed to realise the vision for the Dundee waterfront by 2028.
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