in 2014 it was announced, as part of a 'city deal' regeneration agreement, that the south yard would be 'unlocked' with a view to it becoming a 'marine industries hub'. as of 2016 the northern section of the south yard (including the 18th-century dry docks, nos. 2, 3 & 4) was being redeveloped in phases, with a marketing strategy focused on 'the development of marine industries and the high growth area of marine science and technology'; it has been renamed oceansgate.