Yorkshire colliery’s regeneration plans get go-ahead

Yorkshire colliery’s regeneration plans get go-ahead


Todays other news
The National Residential Landlords Association is staging a property investment...
After breaking records in July, rents remained high in August...
Relocation experts 1st Move International Removals have analysed rental yields...
Paragon Bank analysis of buy-to-let mortgage offers in popular student...
Knight Frank has been appointed by Legal & General to...


Plans to transform a former Yorkshire colliery into a new business park have been given the green light.

According to the plans for Kellingley Colliery, which was a working deep coal mine until it closed in 2015, the 20 ha site close to the M62 will be transformed by the Harworth Group, which acquired the site last year, into a mixed-use scheme that could provide up to 1.5m sq ft of manufacturing and distribution space and accommodate close to 3,000 jobs, which in turn would increase the local population.

Greater demand for homes, schools, leisure and retail facilities, among other essentials, is expected to provide a £200m boost for the local economy.

Reflecting on Selby District Council’s decision to approve plans for the project, the council’s leader cllr Mark Crane said: “This is a key development site for our district and crucial for the delivery of our Economic Development Strategy. It has the potential to create significant new jobs and bring in a huge amount of new investment.

“It benefits from the things that make our district a great place to do business, including fantastic transport connections, affordable business space and being supported by a skilled local workforce; all located right at the heart of Yorkshire.”

Harworth chief executive Owen Michaelson also reflected on the “significant contribution” that the scheme would make to Yorkshire’s economy.

“We’re fully committed to creating a first-class commercial centre that is likely to provide at least several hundred jobs in accordance with local planning policy, replacing the jobs lost when the Colliery closed its doors in 2015,” he said. 

Tags:

Share this article ...

Join the conversation: Login and have your say

Subscribe to comments
Notify of
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Recommended for you
Related Articles
The financial success of your buy-to-let depends on the investment...
The new Labour government has finished the job started by...
Manchester is the highest-ranking English city for residential investment, according...
Recommended for you
Latest Features
The National Residential Landlords Association is staging a property investment...
After breaking records in July, rents remained high in August...
Relocation experts 1st Move International Removals have analysed rental yields...
Sponsored Content
In the ever-evolving landscape of property investment, staying ahead of...
Property investors, This one's for you. Lendlord's latest Deal Analyser...
The savvy property investor knows the importance of adapting their...
0
Would love your thoughts, please comment.x
()
x

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here