Regeneration and Renewal’s Top 100 Regeneration Projects listing is intended to provide an annual snapshot of the UK’s most investment-hungry physical regeneration schemes.
Hillcrest House was purchased five years ago by Bolsterstone and a refurbishment programme has recently been completed including a new roof structure, windows and common areas carried out by Kerr Interiors of Leeds. The DoT lease is for a period of10 years at an undisclosed rental and Bolsterstone intends to retain the building as an investment.
Commenting on the deal and refurbishment Peter Swallow, Managing Director of Bolsterstone said, “The new lease arrangements are the culmination of a long period of consultation between Bolsterstone and DoT resulting in a refurbishment scheme to accommodate all of DoT’s future requirements, and which provides a much improved look and feel to the building.”
The building forms part of Bolstersone’s investment portfolio which also includes a large regeneration scheme in Chesterfield and new build office schemes in Derby and Sheffield.Two grants totalling £860,000 have been awarded to help create a new canal basin which forms the centrepiece and first phase of the Chesterfield Waterside project which received planning approval in August 2008. The 40 acre scheme runs alongside the River Rother corridor and the A61. Some of the funding will also be used to support the enabling infrastructure works.
Anthony Payne, emda’s Land & Development Director explained, “We are supporting this project because waterways present a unique opportunity to improve the environment and regenerate run down areas – transforming them into successful, flourishing places which attract our communities and unlock the value of the sites.”
Located close to the town‟s railway station, the canal basin will eventually lie at the heart of a £300m regeneration scheme that will feature high quality residential and office accommodation together with retail and leisure facilities.
The project is being co-ordinated by the Chesterfield Waterside Partnership, a collaboration between Chesterfield Borough Council and regeneration developer Urbo Regeneration – a joint venture between Bolsterstone and Arnold Laver Group.
Peter Swallow, Chairman of the Chesterfield Waterside Partnership commented, “The grant award from emda is excellent news for the Partnership and for the people of Chesterfield.
The company will work in partnership with local authorities across the Midlands, North East, Yorkshire and the North West and brings together a breadth and depth of experience, track record and cutting edge approach to regeneration. Its directors have a long-standing experience in delivering large scale property development, regeneration and renewable energy projects.
Chesterfield Waterside is an innovative joint venture partnership between Urbo and Chesterfield Borough Council to deliver a new £300m urban village on a 16 acre (40 acre) former industrial site adjacent to the A61 in the River Rother corridor. The project also involves restoration of the local canal network to create a fully navigable route including a new canal basin and canal arm.
The scheme will create a high quality, mixed use waterside neighbourhood of around 1200 homes together with a retail and business quarter, a landmark public square, eco park and public open spaces forming a destination for all ages.
The Partnership’s plans for the site were displayed at an exhibition in March and were met with an unprecedented response from the local community with 1500 people leading to a hugely positive response.The £750,000 contract for infrastructure work involves creating a new canal basin which will form the centrepiece of the development, the diversion of a sewer and relocation of an existing car park. Work on the preliminary phase is expected to be complete by April 2009.
The development team behind the project is the Chesterfield Waterside Partnership, a collaboration between Chesterfield Borough Council and Urbo, the regeneration developer owned by Bolsterstone and Arnold Laver Group.
East Midlands Development Agency (emda) is supporting the project with grants totalling £850,000, the majority of which will be used to construct the new canal basin.
The scheme will also create a mixed-use waterside neighbourhood consisting of around 1,300 homes, business space, shops, restaurants, a public square, an eco-park and public open spaces. The local canal network will also be restored to create a navigable route.
Managing Director of UCS Civils Mark Murphy joined representatives from developer Urbo, the Leader of Chesterfield Borough Council Ray Russell and local MP Paul Holmes for the official sod-cutting ceremony.
Commenting on UCS Civils' appointment Mr Murphy said: "We are delighted to have been appointed by the Chesterfield Waterside Partnership to complete the first phase of thedevelopment which will completely change the appearance of the area around the station and the A61 corridor in Chesterfield.
"Last year UCS Civils opened an office in the town in the hope of gaining more work along the M1 corridor and this project is one of the largest developments currently under way in the area.
"As well as providing a boost to the local economy which UCS Civils is now a part of, we hope this project will raise our company profile and lead to further contract wins of a similar magnitude."
The £750,000 contract for infrastructure work involves creating a new canal basin which will form the centrepiece of the development, the diversion of a sewer and relocation of an existing car park. Work on the preliminary phase is expected to be complete by April 2009.
The development team behind the project is the Chesterfield Waterside Partnership, a collaboration between Chesterfield Borough Council and Urbo, the regeneration developer owned by Bolsterstone and Arnold Laver Group.
East Midlands Development Agency (emda) is supporting the project with grants totalling £850,000, the majority of which will be used to construct the new canal basin.
The scheme will also create a mixed-use waterside neighbourhood consisting of around 1,300 homes, business space, shops, restaurants, a public square, an eco-park and public open spaces. The local canal network will also be restored to create a navigable route.
Managing Director of UCS Civils Mark Murphy joined representatives from developer Urbo, the Leader of Chesterfield Borough Council Ray Russell and local MP Paul Holmes for the official sod-cutting ceremony.
Commenting on UCS Civils' appointment Mr Murphy said: "We are delighted to have been appointed by the Chesterfield Waterside Partnership to complete the first phase of thedevelopment which will completely change the appearance of the area around the station and the A61 corridor in Chesterfield.
"Last year UCS Civils opened an office in the town in the hope of gaining more work along the M1 corridor and this project is one of the largest developments currently under way in the area.
"As well as providing a boost to the local economy which UCS Civils is now a part of, we hope this project will raise our company profile and lead to further contract wins of a similar magnitude."
