Developer will redevelop a large part of the Midlands’ town centre
Wilson Bowden has won a £50m scheme to overhaul a major part of Chesterfield town centre.
The developer has seen off competition from Morgan Sindall’s development arm Muse and Kier Properties, which were both shortlisted for the job.
Wilson Bowden will rip out the town’s ‘Donut’ roundabout and overhaul the surrounding area to provide a major foodstore, retail outlets, restaraunts, a cinema, a hotel, offices and an 80 bed hotel.
The developer will also provide an outdoor performance area and 700-800 replacement car parking space.
Work is scheduled to commence on the site at the end of 2013 and due for completion at the end of 2015.
Councillor John Burrows, leader of Chesterfield Borough Council, said: “We received exciting proposals from both developers but we can only select one development partner.
“The Wilson Bowden plans presented the strongest overall scheme for the site and the best fit with our aspirations to improve the quality of Chesterfield’s shopping offer and to be a contemporary destination.”
David Ward, Wilson Bowden planning director, said: “We’re obviously delighted to have been selected as the Council’s preferred partner for the Northern Gateway project.
“The next stage will be for us to consult with local people on the plans with a view to submitting a full planning application this Autumn.”