Phoenix Riverside regeneration scheme completes

Last month’s opening of Greene King’s new Hungry Horse pub and restaurant, named Riverside, is the final piece in the regeneration of St Paul’s Developments’ Phoenix Riverside business park in Templeborough, Rotherham.

Regeneration specialist St Paul’s Developments identified the 6 acre site as prime for commercial development some years ago due to its prominent frontage on to Sheffield Road and proximity to both Rotherham Town Centre and Junction 34 of the M1. The local developer created 26,000 sq ft of offices which are now let to Rotherham Council, the Royal Mencap Society, In-Tend Ltd and St Paul’s themselves.

The recent sale of the 1.5 acre adjacent plot to Green King for the creation of the Riverside Hungry Horse has brought a leading national chain to the locality, creating in the region of 60 new jobs. The new Hungry Horse will be a welcome amenity for the surrounding area and businesses located around it.

David Newton, Managing Director of St Paul’s Developments, said; “Phoenix Riverside has been an interesting scheme given that the office units were speculatively developed with the support of Objective One funding prior to the downturn. We always firmly believed that this strategic site could play an important part in the overall regeneration of the Rotherham area and our initial vision has now been realised.

“There has been a significant amount of investment into the Sheffield Road area in recent years and as a result, this major arterial route has become home to some major new occupiers bringing with them positive contributions to the local economy and new jobs for the people of Rotherham. Developers have had to show a lot of grit and tenacity to bring schemes to fruition and we are incredibly proud to have signalled the completion of Phoenix Riverside as a job creating mixed-use development.”

St Paul’s Developments is well known for its contribution to the local and broader economy and the firm’s work has resulted in an acclaimed and varied portfolio of major developments that have enjoyed continued success in attracting occupiers.

Over the last decade the developer has transformed in excess of 300 acres of brownfield land into flagship, job-creating schemes. One development alone, Brookfields Park, secured some 1,800 jobs for South Yorkshire. Working often in partnership with local authorities and land owners, St Paul’s Developments utilises its unrivalled regeneration development expertise to bring redundant sites to life.