HUNDREDS of new jobs could be on the way in a Hampshire town as regeneration plans have been unveiled by civic chiefs.

The strategic development plan has been unveiled by Gosport Borough Council’s economic board which will see the area completely transformed and redeveloped with a new waterfront, hundreds of new homes, retail units and open spaces.

Council bosses claim the scheme will intensify the use of sites in the town centre and waterfront areas, improve their appearance, and create a revitalised and vibrant centre with a mix of uses.

Councillor Stephen Philpott, chairman of the council’s economic development board, said: “This is the ultimate masterplan for Gosport which promises to enhance the town.

“Gosport is slightly behind on other towns in terms of retail and restaurant offering and this vision will make it a maritime and leisure destination.

“We want to get the views from as many people as possible from our extended consultation over the summer.”

Under the plans, Gosport waterfront will be revamped in order to attract new businesses in the marine sector along with restaurants and bars at the old bus station to create a cultural quarter.

Haslar Marina will also see more employment and leisure-based development, while Trinity Green will be redeveloped with modern luxury housing.

The High Street will be enhanced with new retail units in a bid to attract more luxury retailers to the town.

Parts of the development are expected to be built by Gosport Borough Council with the reminder by prospective private developers through planning applications which will be determined by the authority.

Mark Baulch, head of policy & representation at Hampshire Chamber of Commerce, praised the plans.

He said: “The Hampshire Chamber of Commerce welcomes the news of development in this area, with the useful boost to the economy and employment that it has the potential to provide.

“Any improvements must be accompanied by upgrades in infrastructure, including public transport connections.”

The project would take several years to complete while a consultation on the plans is open to the public until September 19.