New Horizon on St Helier’s Waterfront
St Helier’s Waterfront ‘Horizon’ development is now completed. The development comprises 280 apartments and 12 commercial units. Completion was reached when the third and final building, ‘Horizon West’ was handed over to its new apartment owners at the end of October.
The three Horizon development buildings (West, South and East) are situated on the last remaining marina plot alongside the Radisson Hotel and Castle Quay residential development. The 280 one, two and three bedroom residential apartments have been successfully delivered by Jersey Development Company (JDC) the Government of Jersey’s regeneration arm and joint venture partner Groupe Legendre . The concept and design were created by one of the world’s leading international architecture firms, Skidmore, Owings and Merrill LLP (SOM).
Horizon has also created new areas of public realm, including two new pedestrian streets that help enhance vibrancy and connectivity to the Waterfront promenades, Elizabeth Marina and new alfresco dining areas which form part of new landscaped areas.
76 apartments have been purchased by first-time buyers. Of those, 72 were able to secure their first home using JDC’s First-Time Buyer monthly deposit payment plan. The payment plan offered first-time buyers the opportunity to secure an apartment with an initial £2,000 reservation fee, and the balance of the 10% deposit paid in monthly instalments over the build programme enabling locally qualified purchasers the ability to secure their home, while renting or still living with parents. To date, the scheme has helped 117 buyers purchase their first home.
Lee Henry, CEO of Jersey Development Company said: “We are delighted Horizon is now completed and we are in the enviable position of having secured legally binding pre-sales on 98% of the residential units with only six remaining available to purchase. The 280 new homes, retail and hospitality space, plus new areas of generous public realm will provide further footfall and vibrancy to the Waterfront area. We’ve received some fantastic testimonials from home owners, in particular first-time buyers who are delighted to have secured their first home and pleased with the exceptional quality of the development, the size of their home and the finishes and fixtures. I would like to take this opportunity to thank our Joint Venture partner Groupe Legendre for their unwavering commitment throughout this challenging journey which entailed navigating a series of unforeseen events leading to various delays that had to be overcome.”
Luc Richard, Director of Groupe Legendre’s Jersey office said: "Horizon marks a significant milestone on St Helier's Waterfront, and we are thrilled to see the completion of this ambitious development. The collaboration between Jersey Development Company and Groupe Legendre has resulted in the successful delivery of 280 exceptional homes and vibrant commercial spaces. We are proud to have played a role in shaping the dynamic and vibrant community that the Waterfront has become. As the ground-level commercial spaces are now ready for occupation, we eagerly anticipate Horizon evolving into Jersey's newest and most exciting lifestyle hub, solidifying its place as a testament to growth and innovation in the heart of St Helier."
The ground-level commercial spaces within Horizon are now ready for occupation. The commercial space offers 12 food, beverage and retail establishments with four units having the benefit of alfresco dining areas. Five of these units have either been secured or are currently under negotiations with potential tenants. JDC is delighted to announce that furniture and home accessories company TLC Home has been confirmed as the inaugural commercial tenant to occupy one of the spaces at Horizon South. This reflects a strong belief in the Waterfront area’s potential as a dynamic and vibrant community, making it poised to become Jersey’s newest and exciting lifestyle hub.