A new reclamation project will create an area almost half the size of the Eastside reclamation, and will run alongside the entire Harbour Views Promenade.
Number Six has published a design showing the area of 47,000 square metres. It says the area of the swimming pavilion will be preserved, and the children's park will be kept and expanded.
It says the cost of creating the land will be met by TNG Global Foundation in exchange for part of the reclamation, with the Government to keep the larger part to build affordable housing.
The Government says it has signed heads of terms - a precursor to a final agreement - with TNG.
It expects the project to start within the next few months if it clears the planning process by then.
The Chief Minister, Fabian Picardo, said,
“I am delighted to announce this agreement with TNG Global Foundation. It follows months of work as the Government grapples with how to meet the ever-increasing demand for housing, whilst seeking to constrain costs. The land reclamation initiative is an integral part of a long-standing process that has significantly benefited our community by providing housing for countless residents over many decades. While we recognise that this may have impacted views for some, as it has for others in the past, this iterative approach to reclamation remains critical in addressing the ever-growing housing needs of our community. We have no choice but to do this to continue to properly house our people. Gibraltar needs to continue to expand to house its own people and none of us should be selfish in this respect, as the people of, for example, Varyl Begg were not selfish when the reclamation was developed in front of them.”