Economic Investment and Development Adjacent to Waterways

It is known that waterways can act as a catalyst for the development of property alongside them and this works in a number of ways:

Waterside developments can create destinations and help areas feel safer and more accessible whilst providing linkages between locations.

Appropriate waterside development can add significantly to the appeal of an area by introducing quality and excitement in buildings and their use. Waterside developments have the potential to deliver external spaces that draw people to enjoy the environment creating a positive context for inward investment Their linear form means that canals can also help to integrate discrete development schemes.

Waterside locations are special places for those who live, work and play in a city They can be both tranquil and vibrant with an ever changing scene on the water and along the verges providing attractive and special places to encourage inward investment

Evidence suggests that property developments at waterside locations command a premium value of between 15-20% when compared to schemes based elsewhere and are easier to sell or let