Harlaxton Estates are set to submit a planning application for a £20m mixed-use development, at Farndon roundabout on the A46 at Newark
If planners give the go-ahead, the development could easily be one of the biggest commercial property projects in Newark in recent years, bringing to the area: a 102-bedroom Holiday Inn Express Hotel with conference and meeting facilities, a high specification office park, a filling station with small convenience store, electric car charging points and coach parking for the town.
The development will also create over 400 new jobs for the region – one of the biggest job creation schemes for the areas in recent times.
Construction will be undertaken by local building firm T Balfe construction with all support services where possible being placed with local firms to further boost the local economy
As Steve Hampson MD of Harlaxton Estates explains to Business Link: “The town is in desperate need of a quality hotel with good accessibility and facilities.
“We have managed to bring a global brand to the town in the hope of not only facilitating the towns corporate and tourism needs but also make Newark a destination to meet as it is at the convergence of many major trunk roads and a great rail link to London.
“There have been over 10 previous hotel applications which haven’t been developed and we have a firm commitment, funding and the operator in place to build the hotel as soon after planning as possible if granted.
“The filling station will assist motorists in their fuel and convenience needs as the A46 now has a lack of facilities since it’s dualling especially towards Leicester and it is hoped that Newark will be the stop off destination for all cross-country motorists that come through the town”.
Hampson continues: “The office park will fill a noticeable void in the town for large high-quality office accommodation from 2,500 sq. ft to over 30,000 sq. ft to assist existing growing businesses stay in the town and attract new businesses to the region.
“The site has been selected after careful consideration of all available sites in Newark and chosen because of the need to be located on the Western side of the Newark bypass for visibility, accessibility and infrastructure needs whilst not impacting on the current congestion issues the town suffers”.
Harlaxton Estates are a locally owned business with both owners Steve Hampson and David Balfe having numerous local business interests and with true passion for Newark projects and having undertaken four major projects in recent years; including two retail parks and two mixed use commercial and office parks in the town.
“We want to work with the local council, residents and the business community to gain planning and to deliver this project as soon as possible. We have seen with other delayed projects in the town that national operators can lose appetite and move focus to another town which would be a great loss for Newark” adds Hampson.
A public consultation will be held at the Farndon Memorial Hall between 3pm and 7pm on wednesday 23rdMay where local residents can view the proposed development and interact.
Hampson concludes: “This major development and significant investment will put Newark firmly on the UK map, assist its immediate needs in the hotel accommodation and office sectors and ultimately benefit the region’s future growth and the people of the town “