Chesterfield Waterside a step closer after funding deal
More than 300 jobs are set to be created in Chesterfield after funding was granted to bring forward part of the first phase of the town’s £320m regeneration scheme, Chesterfield Waterside.
A further £2.7m of grant funding from SCRIF (Sheffield City Region Investment Fund) has also been announced. The funding, which was announced at the Celebrate Chesterfield event this morning, will enable the site preparation and infrastructure phase of Basin Square, which includes the former Trebor site at the Chesterfield Waterside scheme, to be brought forward. A planning application for the site enabling works and infrastructure, together with building heights and massing, was submitted on 14th March.
If planning consent is granted, the infrastructure and site enabling works will start later this year. The enabling works with bring residential accommodation, office space, a hotel, car park and retail units a step closer on the Basin Square site at Chesterfield Waterside.
Work on this element is expected to start in 2017 and will create more than 300 jobs.
Councillor John Burrows, Chesterfield Borough Council’s leader and cabinet member for regeneration said: “If the planning application submitted this week is approved, the funding from Sheffield City Region will allow work on the Canal Basin to start this year. This will not only lead to work for local businesses during the construction process but also jobs for Chesterfield residents when the development is complete.”
Peter Swallow, chair of Destination Chesterfield and managing director of Bolsterstone which is leading the joint venture company delivering Chesterfield Waterside, added: “I am delighted to announce significant progress with Chesterfield Waterside. Following the delivery and completion of the enabling works, I am confident that the construction of the office, retail and hotel accommodation on the Basin Square site will begin in 2017.
“The development of Basin Square will be of a scale and quality not previously seen in Chesterfield and will elevate the profile of the town, creating a sense of arrival and a new landmark. It will certainly help put Chesterfield and all that it has to offer on to the national investment map.”
Other recent developments at the Chesterfield Waterside scheme includes the granting of planning permission to replace the road bridge over the river Rother on the former Laver timber yard site which will serve The Park residential development. The completion of the bridge and the acoustic bund will pave the way for approximately 300 family homes to be delivered in The Park area.
The first phase of residential housing at Chesterfield Waterside, including 19 new homes on part of the former Arnold Laver DIY site on Brimington Road, was completed in 2015 on behalf of Great Places Housing Association, and the properties are now fully occupied.
