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Marina Projects selected as preferred bidder for James Watt Dock

PRESS RELEASE

Marina Projects Ltd is delighted to have been selected as the preferred bidder for James Watt Dock Marina, Greenock following a competitive tender process. James Watt Dock Marina was set up in 2010 as part of Riverside Inverclyde’s and Peel Holdings James Watt Dock LLP partnership.  The marina has since been operating under a management agreement.

Geoff Phillips, Executive Chairman of Marina Projects Ltd said

“I am delighted that Marina Projects has been selected as the preferred bidder for James Watt Dock Marina. We are in the process of concluding an intensive period of due diligence and lease discussions to enable us to commence operations on the 1st February 2017.

We plan to retain the existing operational staff and look forward to working with them in developing the marina.”

Fiona Maguire, James Watt Dock LLP Board Member & Riverside Inverclyde’s Acting Chief Executive said,

“The LLP is now moving to a different business model and Marina Projects Ltd, in winning the competitive tender, will bring its considerable experience, expertise and strength of investment to take James Watt Dock Marina to the next level”.