Thousands of people visit the centre every day but do you remember when it was first built?
For years the Royal Navy had used the site as the torpedo training school HMS Vernon until it was closed in 1986 but a decade later Portsmouth City Council approved the planning application for the new Gunwharf development and construction work began in 1998.
Three years later in February 2001 the shopping centre opened its doors to the public to the first time and we are coming up to the 24th anniversary of its opening – February 28, 2001 – with the Spinnaker Tower opening in 2005.
We have had a look in the archive and found some photos of the construction – what do you remember?
MORE RETRO PHOTOS: Portsmouth market traders | Commercial Road | Lost Portsmouth shops
9. Gunwharf Quays construction
Gunwharf on January 16, 2001. View of the Gunwharf development, taken from the site marketing office. Picture: Ian Hargreaves 010262-3 Photo: The News archive
10. Gunwharf Quays construction
Shot across Gunwharf Quays. A Development by Berkeley Homes. View from No 1 Gunwharf apartment block. Photo: The News archive
11. Gunwharf Quays construction
24th February 2004. Spinnaker Tower under construction at Gunwharf. Picture: Paul Jacobs 040989-2 Photo: The News archive
12. Gunwharf Quays construction
21st December 2001. The construction of The Spinnaker Tower gets under way with concrete filled piling beside the existing Gunwharf development. Picture: Malcolm Wells 016639-1 Photo: The News archive