The planning permission from Weymouth & Portland Council  ensues the scheme remains on course to become one of the first venues ready for the Games.

A contract notice has been posted on the ODA's e-tendering website inviting companies to bid for the  contract.

The ODA following public consultation, submitted planning applications in March, to regenerate Osprey Quay including the Weymouth and Portland National Sailing Academy (WPNSA), which will host the Olympic and Paralympic Sailing events during the Games.  

Work will include building a new permanent slipway, more race-boat parking, and lifting and mooring facilities, all of which will deliver new and improved sailing facilities for use during the Games and in legacy.

Dean & Reddyhoff, developers for the South West Regional Development Agency (SWRDA), submitted plans for a new 560-berth commercial marina at Osprey Quay, of which 250 berths will be used during the London 2012 Games. The marina, to be operated by Dean & Reddyhoff, will include a hoist, extensive boat storage and on-water refuelling, along with retail and industrial developments, which will bring enormous social and economic regeneration to the local area.

Olympic Delivery Authority director of property, Ralph Luck, said: "Securing planning approval is a significant step towards us delivering world-class sailing facilities that will benefit elite athletes and the local community alike before, during and long after the Games.

"Our plans for Weymouth and Portland are an excellent example of how the Games can act as a driver for wider regeneration, spreading sporting, social and economic benefits around the country."
 
Bruce Voss, head of operations at South West of England Regional Development Agency, added: "The decision to give these multi-million investments the go-ahead will not only bring significant economic benefits to South Dorset and the wider region, it will actively encourage water sports with a low environmental impact, which will retain the natural beauty of this spectacular part of the coast, in line with the legacy of the Games."

The contract is expected to be awarded at the end of 2007, with both schemes due for completion by the end of 2008.