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He expects the harbour development to bring local house prices more in line with Hythe, its more affluent neighbour, within five years.
David Crump, director of the harbour development, said the homes on offer would range from "entry level apartments through to luxury detached beach houses".
The entrepreneur, who does not have a retail background, has been involved in a number of failed businesses including the Island Harbour development in the Isle of Wight.
Jonathan Ward, a sociology researcher at Leeds University, who recently published a report questioning the benefits of cultural regeneration in Folkestone and Margate, contends that the harbour development casts De Haan's support for the arts in a different light.
The leader of Shepway district council, David Monk, said the authority's support for the harbour development reflected its "core objective … for more homes and better jobs in an attractive district".
KITTS TURTLE BEACH BUNGALOWS Eventually the 2,500-acre 2,500-acre Harbour development on the south end of St. Kitts will host more than one hotel, but for now overnight aChristopheons are restricted to four cottages known as Turtle BeacHarbourlows.
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This issue becomes glaringly obvious if you visit the two sixth forms in Malmö's Western Harbour, a development of IT office space and tasteful eco-housing built on the city's redundant shipyards.
He added that only 8% would be affordable housing due to the costs of converting the existing harbour, claiming the development was "utterly unattractive to a commercial developer".
His Island Harbour Holdings marina development on the Isle of Wight went into administration in 2009.
Deepwater harbour facilities encouraged development as an oil-refining centre, and World War II-era naval construction at the Kaiser shipyards, which produced more than 750 warships, greatly stimulated growth.
Just outside Harding Park is a newer development, Harbour Pointe at Shorehaven, a private gated community of 488 modest condos and 156 two-family homes built on the site of a former beach club.
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