CRT Property Investments Ltd, a subsidiary of the Coalfields Regeneration Trust, has secured planning permission for three separate commercial buildings to be developed in the Sherwood Energy Village, which when complete will help to generate up to 70 full time jobs.
The 32,000 sq ft development, which has received backing from Mark Spencer MP for Sherwood, has been approved by Newark and Sherwood District Council and will comprise of three buildings that will include a total of 11 industrial units ranging from 2,000 sq ft to 4,000 sq ft.
Situated just 500m from Ollerton centre, Sherwood Energy Village is based on the former Ollerton Colliery site and has access to a range of local amenities and services.
Property Investment and Development Director for the Coalfields Regeneration Trust, Shaun O’Brien, said: “As a former coalfield location, this site is yet another example of how the Coalfields Regeneration Trust is investing into the communities to build an infrastructure that meets with our strategic objectives to tackle the lack of skills and unemployment within these areas.
“We expect that as a result of this planning application we can make a positive impact to the sustainable growth of the Sherwood Energy Village, bringing ongoing employment opportunities to the area from build to completion and beyond. We would like to take this opportunity to thank Mark and the local councillors for their support throughout the process.”
Mark Spencer MP comments: “I believe this development will be of immense benefit to the area and I’m proud to have given it my support. Not only will these new units result in a fantastic number of jobs once complete, but the construction process is sure to have an extremely positive effect on the local economy.”
Proposals for the development were formed by CODA Planning, the planning arm of the Sheffield based disciplinary practice CODA Studios.
Director Adam Murray comments: “CODA Planning has worked on several projects with the Coalfield Regeneration Trust and we are delighted that this latest scheme has reached a successful conclusion. We work closely with our clients to ensure that we are meeting with their objectives, while using our extensive knowledge to create planning applications that achieve positive outcomes.”
CRT Property Investments Ltd is a subsidiary of the Coalfields Regeneration Trust, the only organisation dedicated to supporting coalfield communities. Responding to the challenge from Government to become self-financing, the property investment company will provide a return that will continue to allow the organisation to create programmes that meet with the diverse and complex needs of the communities throughout the UK.
With some 5.5m people living in these areas, and many falling into the 30% most deprived in the country, there is still a lot of work to be done to restore these communities to the thriving villages and towns they once were.