Southampton's strong economy is promoting redevelopment, and major projects are proposed, including the city's first skyscrapers on the waterfront. The three towers proposed will stand 23 storeys high and will be surrounded by smaller apartment blocks, office blocks and shops. There are also plans for a 15-storey hotel at the Ocean Village marina, and a 21-storey hotel on the north eastern corner of the city centre, as part of a £100m development.