Prime Minister David Cameron announced Peak Resort, a £400m leisure development near Chesterfield, which will create 1,300 jobs.
The all-weather leisure, health, sport and education destination will be located on the edge of the Peak District National Park.
The tourism development, which will bring more than 1,300 jobs to Chesterfield has been welcomed as a further sign of the borough’s economic strength.
Chesterfield Borough Council and Destination Chesterfield, the town’s marketing campaign, both say the news that the Peak Resort project will soon get underway shows the private sector’s confidence about investing in the borough.
News about the start of work on the integrated all-weather, year round leisure, health, sport and education destination will be formally announced by the Prime Minister David Cameron during a visit to America.
Plans for the project – which is in the Chesterfield borough on the reclaimed opencast mining site, close to the Birchall Estate at Unstone, have been years in the making. It brings together leading hospitality, university, sport and medical expertise and will have 600 holiday apartments, hotel and hostel units with 250 woodland lodges.
Councillor John Burrows, Leader and Executive Member for Regeneration at Chesterfield Borough Council, said: “This is a fantastic boost to Chesterfield and its economy and another sign of the confidence the business community has about investing in our borough.
“I congratulate the developer Rupert Carr for his determination and hard work to make this happen. I also thank the council’s planning and economic development teams who have worked closely with him and his company over many years to make this project a reality.
“The development will provide 1,300 jobs when it opens, and hundreds more during the construction phase, so the opportunities for local people to get new jobs will be tremendous.
“And once completed the venue will bring thousands of extra visitors to our borough, improving Chesterfield’s tourism offer, with the knock-on benefits that this gives to our local shops and facilities.”
The move has also received the backing of Destination Chesterfield, the town’s marketing campaign.
Chair, Peter Swallow said: “The benefits of Chesterfield’s proximity to the Peak District National Park will be fully realised with the announcement of Peak Resort.
“The investment by the US firm Grand Heritage Hotel Group will put the town on the international map and I am confident Chesterfield will reap the domino effect of this investment far beyond the construction phase.
“Residents, retailers and developers in the area have an excellent opportunity now to capitalise on Peak Resort ahead of its opening and make Chesterfield the best it can be to ensure a positive lasting impression for all visitors.”
George Cowcher, Chief Executive of the East Midlands Chamber, which represents businesses in Derbyshire, Nottinghamshire and Leicestershire, said: “This is fantastic news and will totally transform both the economy and the tourism offer of Chesterfield and the Peak District.
“This scheme has been in development for many years, so it’s great to see it has finally secured the funding to bring it to fruition, along with the green light to make it happen.”
“The visitor economy, particularly in this part of the region, is a key driver of economic growth and this new development will further enhance the offering, draw more visitors to the area and make Chesterfield and the Peak District an even stronger proposition for potential investors.”
A new regeneration investment organisation, bringing together the two investors – Birchall Properties, led by Rupert Carr, and the US owned Grand Heritage Hotel Group – will be created to lead the project.
Work will start on site between March and April.
Read more about the Peak Resort development
The Peak Resort Masterplan by Stanton Williams (Retina Images)