East Cowes waterfront homes plan approved
Plans to build 180 new homes in East Cowes on the Isle of Wight have been approved.
The Cowes Waterfront Initiative also involves regenerating an 11-hectare site along the seafront.
Barratt Homes will start building the 137 houses and 43 flats next year. Of them 30%, 54 homes, will be affordable.
The project also includes a medical centre, a hotel, a supermarket - which has already opened - and a further 300 homes to be built at a later date.
A marine employment quarter will also be built on the waterfront after a 300-berth marina was approved last month.
The Homes and Communities Agency (HCA), South East England Development Agency (SEEDA), Barratt and Spectrum Housing Group worked together to develop the plans, which were approved by the council.
George Brown, Isle of Wight Council cabinet member responsible for the economy, said: "This investment will come at a welcome for the island both in terms of providing affordable housing and also an economic stimulus as a project of this size will inevitably have spin-off benefits for local business."