The Cowes Town Waterfront Trust is a charitable organisation whose prime objective is to rejuvenate Cowes Waterfront, and in particular Cowes Yacht Haven, with particular attention paid to maintaining visual integrity. In 2000/2001 this most important Cowes marina underwent a £2.1 million facelift, providing 3,000 square metres of hard standing and upgrading the mooring facilities.
The Cowes Town Waterfront Trust owns the Cowes marina site and invests all the income generated by the marina back into its future. The newest development at Cowes Yacht Haven is the Haven Events Centre, opened in June 2005, and funded by a grant from the Rufford Sir Maurice Lang Foundation. The aim of this construction is to ensure the position of Cowes Yacht Haven as a first class event venue for years to come.
Since its formation in 1991 over £3.5 million has been put into the construction of new buildings and improvements to the facilities. Cowes Yacht Haven has evolved into a prime event location, not only hosting Cowes Week visitors, but providing year round facilities for other regattas such as Cowes Classic Week, Powerboat Festival, Commodores Cup, Admirals Cup and many corporate team building and training events.