THREE developers have been shortlisted to develop exciting plans that could turn Chesterfield into a shopping capital.
The Donut roundabout area is to be transformed with new shops, restaurants and offices to increase the amount people spend in the town from £231m to £270m per year.
Borough council chiefs have this week revealed Wilson Bowden, Muse Developments and Kier Property will submit outline proposals for the Northern Gateway project.
“We were delighted to have such a high level of interest from potential partners, which I believe is a result of our efforts to firmly put Chesterfield on the map for investment opportunities”, said council leader Cllr John Burrows.
This latest move comes just a week after the town was hailed as “on the up” with its regeneration clinching an accolade – second only to the Olympic Park.
Eight submissions to take part in the Northern Gateway were made in total.
Outline proposals will be submitted by mid November then presented to a town hall cabinet meeting on November 29.
Cllr Burrows added: “We’re looking forward to seeing some creative and innovative solutions for the development that will maximise the potential Chesterfield has to strengthen its already substantial shopping experience.”
The Gateway aims to move Chesterfield into the top 100 shopping destinations in the country.
Two proposals will go head-to-head next year with a preferred development partner chosen by March 2012.
A planning application could be submitted next summer with work to begin in 2013.
•What shops do you think would bring more people to Chesterfield? Email your views to email@example.com