Morgan’s Point could become the temporary headquarters for Artemis Racing in the lead up to the 35th America’s Cup.

The Swedish challenger is presently based alongside Oracle Team USA at the Royal Naval Dockyard but have not ruled out moving their operations to Morgan’s Point, albeit temporarily.

“The team has been looking at different options and that’s one that’s kind of raised its head for sure,” David Tyler, the Artemis Racing spokesman, said.

“Obviously at the moment we are not going to be moving our base here [Dockyard] until much later in the year, or beginning of next year.”

Mike Winfield, America’s Cup Bermuda chief executive, said the organisation is presently helping to cater to Artemis Racing’s needs between now and the America’s Cup in 2017.

“There are discussions under way with the ACEA, ACBDA and Artemis as to the team’s needs in the intervening period, and where the right fit would be,” Winfield said.

“We are hopeful that Artemis will be moving the majority of their team to Bermuda, thereby benefiting Bermuda significantly, and our focus is on making that a reality.”

Once completed the South Basin will serve as the hub of operations for the next America’s Cup.

Planners have given the green light to begin major reclamation work from the seabed to create the America’s Cup Village in the South Basin.

The work will involve dredging to both the North and South Channels to provide the 11 acres of land which will also provide additional space for team bases, along with the South Basin dock presently being used by Oracle Team USA, defender of the America’s Cup.