Work on the next phase of Chesterfield Waterside’s £340m regeneration project is expected to get under way as early as the first quarter of 2019.
The news was announced at the recent sell-out Celebrate Chesterfield event and included a detailed update on recent progress achieved by the Chesterfield Waterside regeneration scheme, which is one of the largest in the UK. The presentation included early details of the Phase 1 Basin Square character area proposal, comprising a circa’ 38,000 sqm development, incorporating “build to rent” apartments, Grade ‘A’ Office accommodation, 441 space multi-storey car park, an 84-bed hotel and leisure scheme, together with ground floor retail bars and restaurants.
Tate Consulting were appointed in February this year to provide MEP services for the 310 one and two-bedroom “build to-rent” apartments with ancillary ground floor retail space proposed in the first phase of Basin Square.
Jeff Bearcroft, MD of Tate Consulting, said: “It’s a very exciting project to be part of, especially for the local region, as not only will it provide quality homes for people, it’s already already gaining attention from investors and employers looking to establish new, strategically attractive commercial locations.”
The Chesterfield Waterside development, which is located adjacent to Chesterfield railway station, will be ideal for commuters using the mainline service. It is also a great location for investors and occupiers with excellent connectivity to London, Leeds, Sheffield, Derby and Nottingham.
Heading-up the development, Bolsterstone Group MD Peter Swallow said: “I am delighted with the excellent progress being made at Chesterfield Waterside.
“The next step in this process is that we will also now move forward with the ‘best bids’ process for the construction of the family housing units at ‘The Park’ character area and, subject to reserved matters planning consent being granted, expect work to start on site on this further phase early next year.
“Demand is strong as developers see the massive potential of Chesterfield Waterside as a whole. The development’s prime location next to the town centre, national road networks and the mainline railway station, which will be an HS2 stop by 2034, make it an attractive investment opportunity that is holding its own at a regional, national and international level.”