The Winerack Update
Back in 2010, financial trouble saw an exciting part of Waterfront development halted. An empty, grey shell was all that remained of City Living Developments’ – the initial developers – dream, and for the best part of a decade since, the Regatta Quay building has become the landmark known (fondly or otherwise!) as ‘The Winerack’.
The site gained interest on and off by potential buyers, but it wasn’t until 2017 - when it was acquired by John Howard, managing director of Ipswich Wharf Developments – that one of the tallest buildings in Suffolk was finally given the chance to realise its potential.
Earlier this year, the building contract was given to R G Carter Ipswich, and they have swiftly taken the bull by the horns, with the site already being occupied by construction workers and vehicles. May 2018 will see the erection of a tower crane as construction gets fully underway, with the work due to be completed by Christmas 2020.
With these exciting developments in what was once seen as an eyesore on the Waterfront landscape, and the new businesses and residents the Winerack will bring to the area with its 149 residential units and 5,000 sqft of commercial space, it looks set to become one of the most eagerly anticipated projects in Waterfront history.