COUNCIL GIVES BACKING FOR ROKEBY DEVELOPMENTS REGENERATION CATALYST IN DERBYSHIRE

August 1, 2008

South Derbyshire District Council has given its green light for a major retail and leisure park in Swadlincote, Derbyshire by Barnard Castle-based Rokeby Developments.

The council last night (Tuesday) resolved to grant planning permission for Hepworth Retail and Leisure Park on the former Hepworth Works site adjacent to the town’s 74,000 sq ft Morrisons Supermarket. It is being developed by Rokeby Developments in partnership with Peveril Securities.

The proposals for the 3.6 ha former pipe works involve the regeneration of the brownfield site with a £20m mixed-use development. It comprises 9,758 m2 of non-food retail uses in four separate blocks arranged in a broad U shape. The 3,297 m2 leisure element includes a five-screen Curzon multiplex cinema, and food and drink outlets. The plans also include 36 new homes.

Deals with a number of retailers are currently in solicitors hands. The plans also include retention of the best of the former industrial buildings close to the northern boundary of the site.

South Derbyshire District Council chief executive Frank McArdle said: “These are exciting times. The developers have worked hard with the officers of the council to avoid a clone town scheme. It will be a major regeneration catalyst. It is the shot in the arm that the town has needed to transform it into a retail and leisure destination.

Rokeby Developments director Adrian Goodall said: “The scheme which will be a major boost for Swadlincote and swell the town’s attractions for shoppers. We hope we have addressed the concerns of local traders by improving our linkages with the town centre. We have also made a major financial commitment to preserving the best of the site’s industrial heritage of which the town is justly proud.”

Goodall, added: “We currently have a total of 250,000 sq ft of retail developments on site at present and remain confident about the retail market despite prevailing market conditions. The retail sector is still interested when it comes to good quality accommodation, in the right location, at the right rental levels.”

-ends-

For further information please contact Porterfield Public Relations Ltd, the commercial property and built environment specialist.

+44 (0)20 7647 4420

Latest News

Redevco Creates NextGen Board to be involved in Creating a Socially Responsible and Future-Proof Strategy

December 2, 2021 - 13:20

Redevco, one of Europe’s largest privately-owned real estate investment managers, has created a NextGen board with eight members representing various functions across the organisation and each of it[...]

+ Read More

Redevco Acquires Sustainable Housing Development in Amstelveen from AM and Expands Residential Portfolio

December 2, 2021 - 13:16

Redevco, one of Europe’s largest privately-owned real estate investment managers, has expanded its residential portfolio through an agreement with Dutch developer AM to purchase 172 rental apartment[...]

+ Read More

OXFORD PROPERTIES SECURE FLAGSHIP LETTING AT BERLIN’S SONY CENTER

November 15, 2021 - 09:07

Oxford Properties, advised by Gillingham Bell International, have let their flagship restaurant and events space, the Kaisersaal at The Sony Center in Berlin to international restaurant and events gro[...]

+ Read More

CONTACT

CALL US

+44 (0)20 7647 4420

ADDRESS

Wren House, Garden Close Lane, Newbury RG14 6PR