Company chiefs are planning the ‘most exciting’ development Bakewell has seen ‘for decades’.
Litton Properties made the announcement after it emerged the firm had dropped a legal threat over a new Aldi supermarket near Riverside Business Park.
Mark Twelves, managing director at Litton Properties, said: “In the light of our withdrawal from the judicial review we are now in the process of drawing up new development plans for the Riverside site which offers Bakewell the most exciting opportunities for employment and business development the town has seen for decades.”
Litton Properties sought a judicial review after the Peak District National Park Authority (PDNPA) approved plans for the Aldi store last year.
Litton Properties – which owns Riverside and planned to open a food store within the business park – claimed its ambitious proposals were not fully considered when the Aldi application was passed.
Last week it emerged Litton Properties withdrew its challenge and agreed to reimburse legal costs to Aldi and the PDNPA. The firm also agreed not to pursue an appeal in relation to its food store plans. Mr Twelves added: “We have followed the correct legal processes which we considered to be in the best interests of the town in the long term.”
An opening date for the new Aldi is not yet known.