Artemis Racing have been granted planning permission to begin construction on their fully operational base at Morgan’s Point.

The Department of Planning has approved the Swedish challenger’s application to build several temporary structures near the end of the Southampton peninsula, with a floating dock structure to the south.

“It’s exciting that we are able to move forward with the build phase of our new base,” the team said.

“Our aim is to be fully operational in Bermuda by early next year and, with this good news, we are certainly on target to achieve that.”

Artemis’s new headquarters will include three aluminium-framed buildings to be erected on an area already paved with concrete.

Two of the buildings will be used for storage, housing the team’s sailing equipment, while the third will include the main team office.

A mobile crane will be placed on the site to aid with the boat-launch process.

All of the structures are intended to be removed after the America’s Cup has ended.Artemis reached an agreement with Morgan’s Point Ltd to relocate their home base to Bermuda, and specifically to Morgan’s Point in the spring.

The developers welcomed the America’s Cup team and granted them 8½ acres of land on the point overlooking the Great Sound.

This strategic location, which is very close to the racecourse, allows for ease of access for the team’s AC45 boats to be brought on shore and stored.

The point is being enhanced to include a parkland and hospitality areas for VIPs and the team’s growing fanbase.

“We were happy to provide this much-needed space for Artemis Racing to be able to set up their operations in Bermuda,” said Craig Christensen, the president and chief executive officer of Morgan’s Point.

In addition to the sailing team, Artemis intend to bring their research and development team to the Island from California to help with preparations for the 35th America’s Cup. This activity is critical to the development of America’s Cup technology to be used by the team, and fundamental to their operation in Bermuda, as prototypes will be investigated, tested and adjusted in real time with feedback from the team.

“The relocation of the team from San Francisco is a great boost to Bermuda’s economy with the increased amount of personnel moving to Bermuda to design and assemble the AC yacht,” Mr Christensen said.

“This is an historic event, having an America’s Cup boat assembled right here in Bermuda. Bermuda should be very proud and honoured to be a part of this.”

Artemis, who are hosting this week’s Louis Vuitton America’s Cup World Series in Gothenburg, formally announced their intended move to Morgan’s Point in June.