The redevelopment will consist of significant modifications and enhancements to the current yard including an impressive new production hangar, which will develop in size over three phases to produce an incredible, world class manufacturing facility. 
 

Chris Gates, Managing Director of Princess Yachts commented “We are now entering the next exciting phase of our redevelopment of the 15 acre South Yard site.  This vast facility has already enabled us to move successfully into the 100 feet+ ‘Superyacht’ arena with our technically advanced M Class yachts and this next phase will ensure we also have an appropriate world class facility to build them in.  We are delighted to be able to bring ship building back to South Yard and just a short distance away from our headquarters in Newport Street.”
 

 The new South Yard facility is additional production capacity to the five existing sites the company already operates in the area.  Production of the company’s other world leading and award winning craft will continue in the existing facilities.