Next phase of 410,000 sq ft Chesterfield scheme takes a step closer

Basin Square

Work on the next phase of Chesterfield Waterside’s £340m regeneration project is expected to get under way as early as the first quarter of 2019.

The news was announced at a Celebrate Chesterfield event and included a detailed update on recent progress achieved by the Chesterfield Waterside regeneration scheme, which is one of the largest in the UK.

The presentation included early details of the Phase 1 Basin Square character area proposal, comprising a 410,000 sq ft development, including build to rent apartments, Grade A office accommodation, a 441-space multi-storey car park, an 84-bed hotel and leisure scheme and ground floor retail bars and restaurants.

Tate Consulting was appointed in February this year to provide mechanical, electrical and plumbing services for the 310 one and two-bedroom apartments with ancillary ground floor retail space proposed in the first phase of Basin Square.

Jeff Bearcroft, managing director of Tate Consulting in Leeds, said: “It’s a very exciting project to be part of, especially for the local region, as not only will it provide quality homes for people, it’s already already gaining attention from investors and employers looking to establish new, strategically attractive commercial locations.”

Heading-up the development, Bolsterstone Group managing director Peter Swallow said: “I am delighted with the excellent progress being made at Chesterfield Waterside.

“The next step in this process is that we will also now move forward with the best bids process for the construction of the family housing units at The Park character area and, subject to reserved matters planning consent being granted, expect work to start on site on this further phase early next year.

“Demand is strong as developers see the massive potential of Chesterfield Waterside as a whole. The development’s prime location next to the town centre, national road networks and the mainline railway station, which will be an HS2 stop by 2034, make it an attractive investment opportunity that is holding its own at a regional, national and international level.”

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