Regeneration of Basin Square moves closer
Regeneration of a key Chesterfield site has moved a step closer as works are completed to prepare the ground conditions at the former Trebor factory site, ahead of the Basin Square phase of the Chesterfield Waterside development.
Chesterfield Borough Council is a partner in the project, which is listed by Regeneration and Renewal magazine as the 47th largest regeneration project in the UK.
The project is led by Chesterfield-based Bolsterstone Group plc, with Arnold Laver Group as stakeholders in the project.
Ground works to prepare the Basin Square site have been carried out by Chesterfield-based company NT Killingley Ltd.
As part of the groundworks contract, an acoustic noise bund has also been built alongside the A61 on the former Arnold Laver site, which will pave the way for approximately 300 family homes to be built in the Park area of the Waterside development.
The first phase of residential housing on Brimington Road, comprising 19 new homes was developed for Great Places Housing Association, are now complete and fully occupied.
The site enabling works were carried out thanks to a £2.7 million grant from the Sheffield City Region Infrastructure Fund.
Councillor John Burrows, Chesterfield Borough Council’s leader, said:-
“Chesterfield Waterside is key to transforming the borough’s economy.
“The next phase, which will create more than 300 new jobs, is happening now thanks to our place at the Sheffield City Region table and our ability to negotiate grant funding allowing the developers to bring this work forward.”
Peter Swallow, Director of the Bolsterstone Group plc, said:-
“I am delighted that the works to restore and prepare this area of the site are now complete after many months of planning and four months of site works.
“All the old buildings, related foundations, drainage, etc have been removed, leaving clear development platforms.
“Completion of this work, coupled with the recent grant of planning permission for the heights and massing of the proposed buildings, means that we are now in a position to move forward and complete negotiations with investors and occupiers for the delivery of the first phase of Basin Square at Chesterfield Waterside. It is a very exciting time.”
Sir Nigel Knowles, Chair of the Sheffield City Region Local Enterprise Partnership, said:-
“Sheffield City Region is proud to support the regeneration of Chesterfield Waterside as we work together to build a truly competitive centre of business excellence.
“Sheffield City Region Investment Fund is our major capital programme which enables local leaders to work together to leverage private and public sector investment more effectively.
“Chesterfield Waterside, which will create hundreds of jobs and boost the economy, is an excellent example of our very robust approach to prioritising and selecting the highest standard of programmes.
“We are confident that every pound invested in Chesterfield Waterside will maximise economic growth, boost business and create more and better jobs.”
When complete, the Chesterfield Waterside development will include:
- 1,500 modern houses and apartments
- New employment opportunities in Grade A office accommodation situated directly adjacent to Chesterfield’s railway station
- An 84-bed hotel
- Multi-storey car park with approximately 440 spaces
- Shops, cafés and bars around the new canal basin and public square
- A network of open spaces and a park along a rejuvenated Chesterfield Canal and River Rother.
