Only weeks after the green light was given for the construction of 173 new homes at Chesterfield Waterside, permission has been granted to deliver 32,000 sq ft of high quality, ‘Grade A’ office accommodation together with ground floor retail space of 5,286 sq ft at the £340 million development.
Chesterfield Borough Council has granted reserved matters approval for the layout, scale, appearance and landscaping of the seven-storey office building which represents the first step in delivering Phase 1 of the Basin Square neighbourhood at Chesterfield Waterside.
Designed by Bond Bryan Architects, the new office building is the first grade A office building to be delivered in Chesterfield for some time and will provide much needed ‘Grade A’ office accommodation for the town’s businesses.
The site’s location adjacent to Chesterfield town centre will enable occupiers to benefit from the full range of services that the Town can offer. The site is also situated adjacent to Chesterfield train station and benefits from excellent access to the A61, providing an attractive location to businesses throughout the region.
Developer of the Waterside site, Chesterfield-based Bolsterstone Group Plc, is already engaged in commercial negotiations with occupiers for the majority of the space within the new building.
When complete, the first phase of the £75 million Basin Square neighbourhood will also see the delivery of residential apartments, a hotel and multi-storey car park, all sited around a high quality public realm area overlooking the newly constructed canal basin.
Bolsterstone reports significant interest from both investors and occupiers in all aspects of Phase 1 of Basin Square and hopes to be in a position to make further exciting announcements shortly.
Peter Swallow, managing director of the Bolsterstone Group Plc, commented: “I am delighted that Chesterfield Waterside continues to move forward apace. The granting of reserved matters planning approval for the office building at Basin Square is another major milestone for the development and also Chesterfield’s business community, as the local property market is currently lacking in the supply of high quality, large floorplate office space. It is an exciting stage in the development’s timeline.”
Welcoming the news, Councillor Amanda Serjeant, Chesterfield Borough Council’s deputy leader, said: “Chesterfield Waterside is a substantial development for the borough with business, retail and resident elements.
“I’m really pleased to see the development move a step forward with the reserved matters approved for the high-quality office accommodation at Basin Square and look forward to work beginning on site.
“With its central location and excellent transport links, Chesterfield is a great location for business and we have a proven track record of growing local businesses and for existing businesses locating here and this will complement the current business accommodation in the borough.”
The scheme is making significant progress in 2019 with Avant Homes beginning the construction of 173 two, three and four-bedroom homes at the site. Named Waterside Quarter, Avant Homes’ £36 million development will form part of The Park character area of Chesterfield Waterside and will be the company’s largest site in the Chesterfield area to date.
Recognised as being one of the UK’s largest regeneration projects, Chesterfield Waterside is being led by Chesterfield-based Bolsterstone Group Plc working in conjunction with Arnold Laver Group and Chesterfield Borough Council.
