A major redevelopment of Hastings old town and beach front could bring £500m into the town, according to plans revealed this morning.
Hastings Harbour Quarter Limited, a company set up specifically for the project by developers and architects, has approached the council with the scheme.
The company wants to build a new marina, a protected launching and landing site for the town's fishing fleet, up to 1,300 new homes and improve transport links.
It's being given a cautious welcome by Hastings Borough Council, which will discuss it on 11 September, but leader Peter Chowney says he wants at least 25% of the properties to be affordable.
The 'point of no return' is a long way away, but the potential benefits for Hastings are significant, so we owe it to our community to take the scheme seriously to see if it can benefit the town and its residents.'
This scheme has the potential to deliver fantastic new opportunities for our town through boosting the supply of housing, improving local transport, creating jobs and providing new facilities for our fishing fleet.'