ri News

James Watt Dock Marina Handover

The James Watt Dock LLP, a partnership between Peel Holdings and Riverside Inverclyde have today handed over the operation of James Watt Dock Marina to Marina Projects Ltd. Marina Projects has been granted a long lease and have committed to invest in the expansion of marina facilities including 40 berths planned for later in 2017. The existing operational staff will remain and their experience and knowledge of the marina customers is crucial to the success of the marina.

Geoff Phillips, Executive Chairman of Marina Projects Ltd said:

"I am delighted that Marina Projects has been selected as the operator for James Watt Dock Marina. The Marina Projects team has a great deal of experience in the marina sector including the operation in Whitehaven Marina in Cumbria. We look forward to working with the existing staff in developing James Watt Dock Marina."

Fiona Maguire, James Watt Dock LLP Board Member & Riverside Inverclyde's Acting Chief Executive said:

"I'm delighted to welcome Marina Projects Ltd, who have been awarded a lengthy leasehold contract for operating James Watt Dock Marina, to Inverclyde.This is an exciting day for the Marina and for James Watt Dock LLP as we launch into the next phase of this historic dock's development. Jeff Houlgrave and Geoff Phillips from Marina Projects Ltd share this excitement and, with the company's business model and long term plans, this can be a catalyst for re-igniting the regeneration ambitions for this part of Inverclyde."

Riverside Inverclyde (Property Holdings) Ltd, one of the two companies that constitute James Watt Dock LLP, Board member Councillor Jim Clocherty said:

"Marina Projects Ltd brings global expertise to Inverclyde and we look forward to the company applying its experience and knowledge in taking James Watt Dock marina to the next level. Very importantly, all of the current operational staff have retained their jobs with this new operator and will have the opportunity to grow with the company as it implements its expansion plans over the coming years. Inverclyde looks forward to the continued growth of James Watt Dock Marina and I am pleased to add my welcome to Inverclyde to Marina Projects Ltd."

Marina Projects is a specialist in the marine leisure sector with extensive experience in the development, delivery and management of marina and boatyard schemes either as stand-alone projects or as an integral element of mixed use waterfront developments. The Marina Projects Group includes the reputable Marina Consultancy division that provides marine sector advice and guidance to an extensive client list worldwide. In the UK the Marina Projects Group activity extends to the development of and investment in marina and boatyard operational businesses. Subsidiary companies include Whitehaven Marina Limited which operates a 400 berth marina in Cumbria UK.

Further information about Marina Projects Limited can be found on their website: www.marinaprojects.com