Page 2 - Destination Chesterfielfd:: Billion Pound Town

58 DerbyshireTimes www.derbyshiretimes.co.uk Thursday,September13,2018
A billion reasons why town is
Chesterfield seeing multi-million pound investments in landmark projects
Chesterfield has become a Billion Pound Town – attract- ing millions of pounds in investment for some major landmark developments
The £400 million Peak Resort scheme was announced to a worldwide stage by the then Prime Minister David Cam- eron.
The flagship development joined key developments at Chesterfield Waterside, Northern Gateway and Markham Vale in represent- ing a billion pounds of invest- ment in the borough.
And the pace of change is stepping up.
Work has begun on major developments and more are on the way, including an HS2 stop at Chesterfield Railway Station which has been de- scribed as a ‘game-changer’ for the area.
More than £700 million of investment alone is happen- ing along Chesterfield’s A61 corridor with the creation of the Chesterfield Waterside and Peak Resort develop- ments.
Peter Swallow, chairman of marketing and inward invest- ment partnership Destination Chesterfield and managing director of the firm develop- ing the £340 million Chester- field Waterside development, said: “We are a town punching above our weight, made pos- sible by the partnership and investment of the public and private sector.
How apartments on the Waterside development might look.
Work is progressing well at the former Co-op store on Elder Way which will be converted into a health and fitness centre in the basement, seven ground-floor restaurants and bars and a Premier Inn hotel on the first and second floors.
Over 1,600 jobs have been created at Markham Vale, which has attracted major
“We have already secured more than a £1bn of develop- ment in the borough, bring- ing significant investment potential to the area to create a contemporary destination for businesses, residents and visitors.
potential, making us an attractive prospect to worldwide investors.”
ChesTerfield WaTerside
terside development.
The project is being led by
Bolsterstone Group working in partnership with Arnold Laver Group and Chesterfield Borough Council.
Chesterfield Waterside is considered as one of the larg- est regeneration schemes in the UK. It is breathing life in- to the east of the A61 corridor running through Chester- field.
in The Park neighbourhood will begin next year.
The £75 million Basin Square development will also include a 4 star hotel, offic- es, multi-storey car park and a public realm area centred around the canal basin and the renowned Dame Barbara Hepworth sculpture ‘Reclin- ing Form’.
Peak resorT
The £400 million integrated leisure, health, sport and ed- ucation destination, Peak Re- sort, which is being built on the 300 acre Birchall Estate at Unstone.
With US investment behind it, Peak Resort is desribed as ‘one of the most ambitious tourism projects in the United Kingdom in recent history.’ When complete, Peak Resort will create in the region of 1,300 jobs.
The Resort is being built in three phases, with the first ex- pected to open in winter 2020.
Phase one, which is costing in the region of £100 million, will boast a hotel, clubhouse lodge, activity centre and an amphitheatre.
Already, thanks to a £2.85 million grant from Sheffield City Region’s Infrastructure Fund (SCRIF), access to the site from the A61 has been constructed as well as new public footpaths and bridle- way network around the site and the estate fencing.
NorTherN GaTeWay
The Northern Gateway devel-
Sitting adjacent to Ches- terfield Railway Station, is Chesterfield Waterside scheme, a 16-hectare, £340 million stationarrivinginthe Chester-
“Alongside this, we haveaforthcomingHS2
fieldWa-
invest- bebuiltatChesterfieldWa-
town, which is fur- ther enhancing the town’s long-term
More than 1000 homes will
Work has
begun on the
new Saltergate multi-storey car park
opment will transform the northern entrance to the town – one of the main gateways of Chesterfield town centre and create 500 jobs.
The project brings togeth- er developments in Elder Way, the replacement of the Salter- gate multi-storey car park and the building of an enterprise centre for start-up and me- dium sized businesses on the site of Holywell Cross (Donut) car park.
The enterprise centre is the focal point of the £19.9m Northern Gateway scheme which was approved by Ches- terfield Borough Council in July 2016.
A planning application for the centre will be submitted this month, if approved, work is expected to start on site in March 2019 with completion in March 2020.
Work began last year by Jomast Developments on the
m e n t
terside. Construction of a 310 Build to Rent apart- ments at the Basin Square neighbourhood and 170 two, three and four-bed- room
homes
Chesterfield: The Billion Pound Town