Almost 2,000 new homes to be built in Chesterfield

Nearly 2,000 homes are set to be built in the Chesterfield area over the next five years, it has been revealed.

Thursday, 22nd March 2018, 3:56 pm
Updated Thursday, 22nd March 2018, 4:00 pm
Chesterfield is experiencing a renaissance in house building, the Celebrate Chesterfield event heard.

Huw Bowen, chief executive of Chesterfield Borough Council, made the announcement at today's Celebrate Chesterfield event at the Winding Wheel.

Mr Bowen said: "For the first time in many years, the council is able to demonstrate a five-year housing supply while also protecting the borough's green belt land."

He revealed that housing developers in the borough, including Woodall, Avant and Miller Homes, were delivering the most new build completions since 2007, with many houses being sold even before they have been built.

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The proposed design for the public realm at the Basin Square part of Chesterfield Waterside.

The sell-out event also heard that progress is being made on The Park, the six-acre residential development on the site of the former Arnold Laver timber yard at the ambitious £340million Chesterfield Waterside project.

Peter Swallow, managing director of Bolsterstone Group PLC, the company leading Chesterfield Waterside, revealed that construction of up to 170 two, three and four bedroom homes which will form The Park is expected to get underway as early as the first quarter of 2019.

Mr Swallow also announced that a collaboration agreement with an investment company to fund and deliver new residential apartments has recently been put in place.

The agreement is the first stage of a process which will facilitate the construction of 310 Build to Rent apartments within phase one of the Basin Square neighbourhood of Chesterfield Waterside.

The proposed design for the Built to Rent apartments at Chesterfield Waterside.

Mr Swallow, who has recently returned from France where Chesterfield Watesride was showcased at a leading global property event, said: "I am delighted with the excellent progress being made at Chesterfield Waterside.

"We will now move forward with the 'best bids' process for the construction of the housing units at The Park and, subject to reserved matters planning consent being granted, expect work to start on site on this phase early next year.

"Demand is strong as developers see the massive potential of Chesterfield Waterside as a whole."

The 16-hectare development is a 10-year project being led by Bolsterstone Group PLC working in partnership with Arnold Laver Group and the council.

The proposed design for the public realm at the Basin Square part of Chesterfield Waterside.

It aims to create a thriving new community with homes, offices, shops, bars and restaurants surrounding a new canal basin and is one of the largest regeneration projects in the UK.

Dom Stevens, manager of Destination Chesterfield, which organised Celebrate Chesterfield, said: "The housing announcements made today are growing physical proof that Chesterfield is a market town with a difference.

"We have grown and adapted to the changing needs of residents and businesses and, as a result, created a very attractive investment proposition.

"People want to live, work and do business here and our housing plans are further evidence of this."

The proposed design for the Built to Rent apartments at Chesterfield Waterside.

The event also heard that other developments in the area - including the Northern Gateway, Peak Resort, the Batch House and Markham Vale - are progressing well.