News and Media

New pictures of £15m retail and leisure site released after 39 low-cost homes completed

2011-05-09
Editorial

DEVELOPERS behind a £15 million project that will generate more than 350 jobs and pump at least £20 million a year into the economy in Swadlincote have released pictures of the site to show how work is progressing.

Rokeby Developments and Peveril Securities are behind a project to transform the former Wraggs Pipes and Hepworth's production plant into a retail and leisure site.

Construction at the Coppice Side site started in October last year and Nottingham Community Housing Association has already finished building 39 low-cost homes.

Attention has since been turned to the main buildings, which will house a five-screen cinema, and Argos, Peacocks, Home Bargains, Iceland and Aldi.

A spokesman for Rokeby said: "As you can see from the photograph, the steelwork is nearing completion.

"We expect to have the buildings ready to hand over for tenant fit-out in June and are expecting the scheme to be open in October.

"The scheme is currently approximately 70% pre-let.

"As the scheme has begun to take shape, we have had a surge of new retail and leisure inquiries and we are set to make some significant new announcements on new occupiers in the near future."

The low-cost housing scheme, which consists of 39 homes, was officially opened in January.

Alleyne Close consists of 32 homes for rent and seven for shared-ownership and was the first phase of the development to be completed.

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Source: MJ2 Limited

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