W O R L D A N
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E X C E P T I O N A L
W A T E R F R O N T
L O C A T E D
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L I V E , A T
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Horizon is home to 280 exclusive apartments and penthouses with beautifully designed lobbies and a dedicated concierge service. With a brand new retail and restaurant quarter, this cutting-edge development will complete the waterfront. If you’d like to have a closer look at the apartments and penthouses at Horizon, simply download our App, which puts all the information you need at your finger tips, from floor plans to 360-degree apartment tours and image galleries. Just visit the App Store and search for ‘JDC Jersey’.
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S E T T I N G L U X U R Y
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Where world-class architecture elevates the island’s landscape.
Horizon has been exceptionally well received since launching the development in November 2017, with around 80% of the development reserved to date. Jersey Development Company are thrilled to be working alongside leading architects SOM, Skidmore, Owings & Merrill LLP (SOM), the world’s most awarded international architecture firm. Discover the ambition and approach and learn more about the innovation, sustainability and strategy behind this landmark development.
Hear the latest from Kent Jackson, design partner at SOM and Kevin Batcho, SOM’s Project Manager for Horizon. Architectural inspiration: vimeo.com/242749217 What will living at Horizon be like? vimeo.com/242749327 Designing a landmark: vimeo.com/245384516
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Whether you’re downsizing or securing your dream home for the future, Horizon is designed to make your lifestyle easy. From sophisticated lobbies individually designed to reflect the marina setting to a choice of destination restaurants and cafÊs all on your doorstep discover a new level of luxury waterside living.
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S P E C I A L
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F I R S T - T I M E
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Making first time buying easier.
Looking to get on the property ladder? We believe in making it easier for people to secure and buy their first home. JDC are committed to helping local first-time buyers take their first steps on the property ladder by way of a monthly deposit payment plan*. First-time buyers can secure an apartment today with an initial ÂŁ2,000 reservation fee - the balance of the 10% deposit can be paid in monthly instalments over the build program, enabling you to secure your home while renting or still living at home. Discover Horizon, convenient living with an array of restaurants and cafĂŠs on your doorstep, and all within easy reach of town.
* Subject to approval
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Considered details and finishing touches.
These truly exceptional homes have been expertly planned to create light and airy spaces with stunning views. Finished to the highest specification, living spaces flow seamlessly through to the kitchens, designed exclusively for Horizon homes. Discover a more luxurious setting for waterside living with the latest fixtures and fittings, from built-in microwaves to fridges, freezers and contemporary workspaces that balance style with functionality perfectly. Visit the Marketing Suite to explore the high quality finishes and fittings for yourself.
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See yourself here.
Booking in to see us is made easy by using our on-line booking system, log on to horizon.je to book an appointment at a time that works for you. The marketing suite is located just off the roundabout by the Radisson carpark and if you are driving and we have ample parking in our own car park which is situated just behind the marketing suite. Try it for yourself. To see what living at Horizon will be like, download the JDC app, available on the App Store now. Just search JDC Jersey. *best used on an iPad
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I N T R O D U C I N G D E V E L O P M E N T
J E R S E Y C O M P A N Y
by Lee Henry, Managing Director of Jersey Development Company
IFC 5
Jersey Development Company (JDC) is the Government of Jersey's property development arm. We are responsible for completing the development of the St Helier Waterfront and regenerating Government-owned property no longer required for the delivery of public services. JDC delivers new homes for local residents and new Grade A office space for the Island’s premier financial services industry. By investing in direct developments, returns to taxpayers are significantly enhanced and there is greater control over the design and quality of our built products.
JDC is investing in the Island’s future with a mission to be the Government of Jersey’s trusted partner for regeneration and strategic property development in order to deliver a financial, social and environmental contribution to Jersey and its people. Our investments are creating jobs, housing and infrastructure to support Jersey’s economy.
Profits from JDC's development activities are either: • Paid as a cash dividend to the Government of Jersey; • Invested in new public infrastructure projects; or • Re-invested into further development projects (to increase future returns). Whilst it is imperative that we generate a profit, we do not maximise profits at all cost - we balance and invest in the social and/or the environmental in all that we do. We are committed to delivering a welldesigned quality product that will stand the test of time and be a positive addition to the built environment.
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IFC 1 & IFC 5
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J E R S E Y
Financial Services is the Island’s primary industry employing more than 13,000 people and directly contributing 40% of the Island’s GVA. It is vitally important that the island has the right infrastructure to support and grow the industry and this extends to the provision of modern and environmentallyefficient office space. JDC is delivering a flagship business district that is providing the highest quality office buildings in Jersey. The buildings offer column-free floor plates allowing occupiers flexibility on their use and fit-outs. The buildings also offer all-round excellent levels of natural light which has been scientifically proven to improve staff well-being and productivity.
IFC 1
IFC 1 and IFC 5 have been built to a high quality with design and specification on par with the world’s leading finance centres. JDC works hard to ensure the quality of the design and the end product both in terms of completed buildings and surrounding public realm enhance the built environment of St Helier. The first building - IFC 1 - was completed in 2017, fully let and sold in 2018 for £43.7m (reflecting a yield on rental income of 5.94%). This sale crystallised an open market land value of £3.9m and generated a profit of £7m. The second building - IFC 5 – was completed in 2018 and is currently 90% let with a further 5% in legal hands. IFC 5 was recently sold for £47.6m (reflecting a yield on rental income of 5.75%). This sale crystallised an open market land value of £4.25m and generated a profit of £6.55m. The net returns from IFC 1 and IFC 5 of £10.9m and £10.8m respectively will be used to fund public infrastructure and/or the acquisition of further development sites (that in turn will generate enhanced returns to benefit the people of Jersey). 12
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Marina Gardens
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The delivery of much-needed residential accommodation in existing urban areas is a key objective of the Island Plan. It’s imperative that we assist in providing more residential homes to islanders in order to balance the supply and demand. On its residential developments, JDC is keen to assist local first-time buyers and instead of requiring the 10% pre-sale deposit to be paid upfront, JDC has put in place a phased payment plan for the 10% deposit over the period of the build.
Horizon
H O R I Z O N
Horizon is a 280 apartment residential scheme located on the last marina-facing plot between Castle Quay and the Radisson Hotel. The new neighbourhood will also provide shops and restaurants on the ground floor. The scheme will add vibrancy to the area, and through the introduction of two pedestrian streets, will improve the connectivity to the promenades around Elizabeth Marina. Designed by Skidmore, Owings and Merrill LLP, one of the largest and most influential architecture firms in the world, Horizon will provide a new standard of waterside living, reflecting the waterfront as a distinctive, thriving community and promoting an active and social lifestyle. JDC has entered into a joint venture with Group Legendre to deliver the project.
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Full completion of the development is estimated for Summer 2022.
R E S I D E N T I A L
P U B L I C
R E A L M
JDC funded the delivery of extensive new areas of public realm and continues to be responsible for the ongoing maintenance and upkeep of these areas that include:
• Les Jardins de la Mer • Marina Gardens (on top of the Waterfront car park) • Weighbridge Square • Waterfront promenades • Landscaping and street lighting on Route de Port Elizabeth, Rue de l’Etau and Rue de Carteret • Trenton Square, IFC Jersey.
College Gardens
C O L L E G E
G A R D E N S
The former Jersey College for Girls building has been transformed into a modern and highly desirable residential community. JDC was honoured to have been entrusted with the regeneration of the former college at La Pouquelaye, the landmark building has now been restored to its former glory and helped regenerate that part of St Helier. The development provides 187 residential apartments, a mix of one, two, three and four bedrooms. All of the apartments were pre-sold off-plan to local residents and the development was completed in phases with the final completion in May 2019. Of the 187 apartments, 80 were Category A (Affordable) homes. Out of the 80 Affordable homes, 40 were social rented units and sold to the Jersey Homes Trust and 40 were shared equity units sold to eligible first-time buyers who had qualified through the Island’s
Housing Gateway. These units were sold at a discount with prices ranging from £155,000 to £199,000 enabling 40 local individuals / couples – who were otherwise priced out of the housing market – the opportunity to buy their own home. The listed building has been converted into 28 units. Adapting the building from educational use to residential use required significant adaption including a new internal structure and a new roof to ensure the units met the latest acoustic and thermal requirements. Two of the internal staircases have been retained as has the internal corridor. Other features, such as skirtings and architraves in communal areas have also been reinstated.
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The building has significant cultural, social and historical importance and an essential element of this project included building a partnership with the Jersey College for Girls and the JCG Foundation. The benefits and major cultural outcomes from this partnership have been the repatriation of the 1930’s oak panelled library and actively involving current JCG students in the research and design of the public art sculpture which now sits within the grounds at College Gardens. These elements have been funded by JDC out of its percentage for art contribution for the scheme. As well as making a significant contribution to affordable housing and regenerating a decaying listed building, the development generated a profit of £5 million that will be repatriated via a dividend to the Government of Jersey.
B R E A K I N G W I T H
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Building a brand new neighbourhood.
JDC are delighted to be advancing the Horizon development with its joint venture partner Groupe Legendre. This family-owned international construction firm is the tenth largest contractor in France, and is responsible for some of the most innovative and cutting-edge major residential developments in Paris and London. With recognised technical expertise and a culture of innovation and sustainability, Groupe Legendre will play a major part in bringing Horizon to life. Olivier Roualec, director of Groupe Legendre said: ‘The projects we are particularly drawn to are signature architectural projects - we are specialists in residential developments, and it’s quite rare to have a residential development that is also designed by a leading global architect such as Skidmore Owings & Merrill (SOM), the architects of Horizon. To work on technically complex, innovative and cutting-edge projects like Horizon is the kind of challenge we thrive on.’ Currently working on major projects like Parker Tower in London’s Covent Garden as well as major new residential projects in Paris, Horizon will add to Groupe Legendre’s premium portfolio of successful developments. Groupe Legendre have set up a local company and will be paying taxes in Jersey which in turn will be advantageous for the island. Work began on the first block of Horizon in August 2018. Commitment to sustainably constructing cities and regions is at the heart of Legendre Group’s strategy and organisation.
1800 employees • 20 offices • €560 M turnover • €80 M equity
Find out more about the Horizon contractors - just follow this link: www.groupe-legendre.com/en/
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Top left: Riva, Tours Top right: Broadway, Vanves, Paris Centre: Victoria Park, Serris, Paris left: WhÔo Student Residences, Rennes Right: Level 1, WhÔo Student Residences, Rennes Bottom: Le Riviera, Chessy, Paris
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Horizon is poised to set new standards in luxury contemporary living. To f i n d o u t m o r e a n d d i s c o v e r t h e r a n g e o f a p a r t m e n t s a v a i l a b l e , book your own personalised appointment with our sales team. If the opening times are not convenient we are more than happy to accommodate an out- of-hours viewing Horizon Marketing Suite | Open Monday - Saturday | 01534 721097 | info@horizon.je W W W . H O R I Z O N . J E