Plan for development of Drake's Island is 'still on'
A SCHEME to transform Drake's Island into a £10million luxury hotel resort is still on the cards – and the island is NOT for sale.
The island's owner, Dan McCauley, has "categorically" scotched rumours he is pulling out and selling up by saying: "The island is not for sale."
However, the scheme is still progressing through the planning process at Plymouth City Council.
Mr McCauley, of engineering firm Rotolok (Holdings) Ltd, had envisaged councillors ruling on his plans by April this year.
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But it is understood additional reports have been requested, which Rotolok is preparing.
The ambitious plans, announced last year, include a 44-bedroom boutique hotel, a bar, restaurant, and a swimming pool and spa.
Under plans submitted the complex will also be served by a new jetty and ferry service, and the public offered limited access.
Mr McCauley has talked of redeveloping the island since buying it in 1995.
The latest planning application, put together by city architects Lacey Hickie and Caley, revealed 50 full-time jobs could be created from the project.