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Two Major Deals in Rotherham Defy Economic Gloom

posted 22 Jan 2010, 06:36 by RiDO Rotherham   [ updated 22 Jan 2010, 06:37 ]
Originally Posted: Tuesday 24th February 2009
 
Anglo-Dutch TCN UK is celebrating its completion of two more major deals at the 285-acre Waterfront mixed-use development at Manvers, in Rotherham.

The two deals – with Taylor Wimpey and Aldi food stores – add to the ever-increasing number of successful deals being completed at Waterfront.

The deal with the UK’s biggest house builder, Taylor Wimpey, will allow the creation of 202 new homes at the Waterfront development, which overlooks the 50-acre sailing lake. In total, there will be 689 homes, including apartments.

The second deal is with expanding food store operator Aldi, which will be developing a 14,000 sq ft food store along with 8,000 sq ft of kiosk retail units.

TCN Director Stephen Holme said: “This is an exciting start to 2009. With all this doom and gloom around it’s great to see so much activity on the site. Not only are we bucking the trend, but we are progressing this unique mixed-use development which has taken over five years of work to bring to this stage.”

The past 24 months have seen the company push ahead with remarkable transformations of a former coalfield wasteland in the South Yorkshire borough. They include:
• Construction of a 130-room Radisson Park Inn, due for completion June this year
• The completion of the Marston’s family pub
• The completion of the British Canoeing Union’s Olympic Training Club, next to the 50-acre lake, which becomes fully operational next spring
• The completion of the nine-hole pay-and-play golf course, clubhouse and driving range, which is now operational
• Planning permission granted for a 6,000 sq ft KFC drive-thru restaurant

Rotherham Metropolitan Borough Council’s Cabinet Member for regeneration and development, Cllr Gerald Smith, welcomed the new signings: “This would be excellent news at any time, but in the current climate it’s a vote of confidence in Rotherham’s opportunities for business and proof that well-founded developments can still make progress.”

Stephen Holme said: “The story doesn’t end here. With a further 40 acres to develop and planning approval for a further 350 houses, leisure, retail and business space, Waterfront has many opportunities available for all types of companies looking to be located on this unique scheme.”
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