North Quay Development, Hayle

Moorfields were appointed as Administrators over the North Quay Development in Hayle, one of the largest regeneration projects in the Southwest.

The 100-acre site, located on Cornwall’s north coast, includes Hayle’s operational harbour and sits within the Cornwall and West Devon Mining Landscape World Heritage Site. Planning permission is in place for a major mixed-use scheme comprising residential units, retail, business and leisure floorspace.

Phase 1 of the project delivered two residential buildings, both of which sold out following exceptionally strong demand, highlighting the development’s significance and market appeal.

Objectives

Facilitate the continued delivery of the regeneration project in line with existing planning consent.
Preserve the operational continuity of Hayle harbour for the boating and fishing community.
Provide reassurance to residents, businesses, and stakeholders regarding the future of the site.
Protect the heritage and cultural importance of a site located within a UNESCO World Heritage designation.
Maintain confidence in the project’s viability following early success in Phase 1 sales.

Moorfields’ Actions

Assumed responsibility for overseeing the project’s development phases within planning requirements.
Engaged with key stakeholders, including residents and local community groups, to maintain transparency and reassurance.
Ensured that Hayle harbour continued normal operations without disruption.
Worked alongside the existing project team to safeguard ongoing building works and progress future phases.
Focused on protecting both the financial value of the scheme and its cultural significance within the World Heritage Site.

Results

The regeneration project entered a new phase with a clear plan for delivery.
Community confidence was strengthened through commitments to heritage protection and harbour continuity.
The early market success of Phase 1 was safeguarded, laying foundations for future sales and investment interest.
The development remains positioned to transform Hayle’s North Quay into a thriving mixed-use destination while preserving its historic character.