Waterside set to benefit from ‘game changing’ regeneration plan for Chesterfield town centre

Residents and businesses based at Chesterfield Waterside are set to benefit from the £10.28 million Revitalising the Heart of Chesterfield scheme, which will transform the look, feel and flow of the town centre.

Chesterfield Borough Council is asking residents and businesses, as well as those who work in the borough, to shape the final proposals for the ambitious town centre regeneration scheme.

People can now take part in an online consultation to have their say on an ambitious multi-million pound plan which will revitalise Chesterfield town centre.

The scheme forms part of a £26million package which includes £19.98m of Government funding through a successful bid to the national Levelling Up Fund last year. Chesterfield Borough Council has also contributed and additional £6million of funding.

“It’s a tremendously exciting time for Chesterfield,” said Peter Swallow Managing Director of Bolsterstone Group Plc, the company behind Chesterfield Waterside.

“The Revitalising the Heart of Chesterfield programme will be game changing for us all and create even more reasons to visit and stay in a very 21st century town.”

The delivery of the improvement plan is expected to increase land value in the town centre by 16% and shop occupancy levels to more than 90%, resulting in increased spending which will support the creation of around 100 new jobs in the town centre.

Dr Huw Bowen, Chief Executive of Chesterfield Borough Council, said: “We’re immensely grateful for the levelling up funding. It will make a big difference to the town centre to support our growth ambitions.”

The £10million Revitalising the Heart of Chesterfield scheme will deliver improvements to the town’s historic market, which will see the re-thinking of spaces in Rykneld Square, New Square and Market Square to allow them to be used for a wide range of events, celebrations and community gatherings. New paving, seating, lighting, street furniture and greenery will create updated spaces where people can socialise and dwell.

As part of the regeneration plans, Chesterfield’s ‘striking’ Grade 2 Stephenson Memorial Hall, which is home to the Pomegranate Theatre and Chesterfield Museum, is being  reconfigured and modernised in a £16million project.

The refurbished Stephenson Memorial Hall will create a modern visitor attraction in the heart of Chesterfield. Bringing together an extended theatre, a reconfigured and modern museum, alongside new gallery space, a café bar, education and community facilities.

The theatre will close on Sunday 26 June ahead of the refurbishment works starting on Stephenson Memorial Hall.

If your business wants to be part of a thriving town, the new office development at Chesterfield Waterside – One Waterside Place, offers a premium business address.

Construction of the Grade A office accommodation will be completed later this year and tenants for a significant element of the available space have already been secured – BHP Chartered Accountants. Firm interest is also being shown by potential occupiers in the remaining space.

To find out more about the high-quality office space available at One Waterside Place, please contact Harry Orwin-Allen at Knight Frank on 0114 272 9750 or Tim Richardson at FHP Property Consultants 01332 343 222.

Keep up-to-date with the latest news on the development by signing up to our free newsletter or follow our progress on Facebook and Twitter.