In 2014 it was announced, as part of a 'City Deal' regeneration agreement, that the South Yard would be 'unlocked' with a view to it becoming a 'marine industries hub' [REF].
Areas to the south and east (with the exception of the area now occupied by Princess Yachts) are being retained by the MOD,[REF] with No. 4 Slip having been recently refurbished for use with landing craft [REF].