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Old April 15th, 2009, 11:43 AM   #1
jerseyboi
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JERSEY | Waterfront and Finance District Development News

Jersey Government Announces New Finance District Plan

[IMG]http://i42.************/15ogdmv.jpg[/IMG]

Jersey has one of the fastest growing economies in Europe in the last three years

This project in the largest of the Channel Islands on the Island of Jersey
are:

Castle Quay & New Waterfront



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Plans for thousands of square feet of office space, public squares and an amphitheatre in St Helier have been unveiled.

The New Esplanade Quarter will link the Waterfront with the rest of St Helier and will include a project to sink the dual carriageway leading to the underpass.

now

[IMG]http://i25.************/jfdf9c.jpg[/IMG]

Plan
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If they're approved the area will have over 600 thousand square feet of office space and 300 new apartments.

Plans which include extending the underpass, build thousands of square feet of office space, public squares and new flats in St Helier are being unveiled to the public today.

Millions of pounds will be paid to the States by the developers, but the plans will need approval first. Jim Graves from Hopkins Architects, who are behind the plans, says the project will be good for St Helier.

Jim told us "the sequence from Royal Square down to the new Weighbridge square, there's some exciting plans for that.

"Then moving out to the Esplanade quarter, travelling from the town through the bay through a series of squares of different characters is going to be a good and pleasant journey and is going to be a fun place to be."

Money for the old town
Planning Minister Senator Freddie Cohen says money generated from the project will pay for new housing in other parts of town.

He told us "It will provide other space in other parts of the town that can be regenerated. The key to this is to take the enormous amount of money we're going to get out of this and use it to improve the rest of the town.

"We've all been to places all over the world where no developments in a new area have damaged the historic area, we've got to make sure that doesn't happen in Jersey - In fact we're going to do the opposite and improve the old town."

Senator Cohen told us that the money the States of Jersey get from the developers of the Esplanade Quarter will be invested in the older parts of St Helier.

Jersey's Planning Minister says new plans for the Waterfront will lead to new housing being built in other parts of town.

Money paid to the states by developers will be used to fund projects in other parts of town.
Senator Freddie Cohen is hoping to persuade his colleagues in the States to approve the next phase of development on the Waterfront.

But he says it'll lead to improvements in St Helier.

Senator Cohen explained that "we know we need more housing in the island, we know that islanders don't want to see new housing built in the countryside, we know people want to see more housing units in the town so we've got to make the town the premier destination to live.

"It was once the place where everyone wanted to live in the nineteenth century - that was the top spot and we've got to make it that again. The money for that will come out of the Waterfront."


Plans include sinking the Dual Carriageway

Sinking the main island road

The plan will see a new financial district that will include Jardain de la Mer and will stretch from the Waterfront Hotel, across the road (the will be sunk), across the Waterfront car park and towards the edge of the older part of town.

The sinking of the dual carriageway is a major part of this development as plans include building new properties on top of the tunnel that would be created.

Temporary roads and sophisticated traffic management computers will be used to prevent chaos if work goes ahead to extend the underpass.

Plans are being unveiled this week to bury the dual carriageway between the Tunnel and West Park.

It's part of the Waterfront Enterprise Board's vision for the area, improving the link with the rest of St Helier.

Work's being done to see how disruption to traffic can be kept to a minimum and Transport and Technical Services Minister Deputy Guy de Faye says the project will be carefully managed.

He said "clearly there is absolutely no point in building a tunnel if it simply causes traffic chaos forever and a day so we've concentrated our efforts on ensuring that the traffic management around the tunnel will actually work.

"There are some pretty obvious constraints, the Fort Regent tunnel being one of them and the junction at the Ground Hotel end of town. But we're now pretty confident that the tunnel itself will work."

Esplanade Quarter plans approved April 15th 2009

Plans for St Helier's new financial district have been approved by the States of Jersey.(Jersey Government) A road will be sunk and several thousand feet of office space and living accomodation will be built.


Website>

http://www.esplanadequarter.com/

[IMG]http://i42.************/1z4kbv6.jpg[/IMG]

Last edited by jerseyboi; April 15th, 2009 at 12:52 PM.
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Old April 15th, 2009, 12:30 PM   #2
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Won't Britain's "crackdown" on tax havens scuttle these plans?
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Old April 15th, 2009, 12:42 PM   #3
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Quote:
Originally Posted by city_thing View Post
Won't Britain's "crackdown" on tax havens scuttle these plans?
Jersey is on the 'white list' and not a tax haven, but a low tax
territory ( slightly diffrent ) project is mixed use and the developer
Harcourt says it has the money.

Castle Quay is already being built by Dandara as you read this!

[IMG]http://i40.************/pt46t.jpg[/IMG]
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Old April 15th, 2009, 01:02 PM   #4
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[IMG]http://i43.************/eg47jm.jpg[/IMG]

Mixed Use Development
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Old January 23rd, 2010, 04:36 PM   #5
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It seems to be livable.
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