New development of the area around Boscombe was approved under the Boscombe Spa Development Plan in July 2006. This project was intended to turn the seafront into a spa village complete with artificial surf created by Boscombe Surf Reef. Completed in autumn 2009, the reef was constructed as part of the restoration work that also included the Overstrand buildings. Reports on the reef's performance showed that it was failing to meet its performance criteria. In 2011, the reef was closed for safety reasons; in 2012 the contractor went out of business and in 2014 the reef was re-branded as a Coastal Activity Park. Funding for the development had been through the sale of the local seafront car park, to Barratt Homes for 169 seafront apartments, at Honeycombe Chine. As well as these flats there have been a number of other large developments of flats such as "The Reef" in Boscombe Spa Road and the renovation of Shelley Park into a medical centre and flats development.