UK listed brownfield regeneration and property investment specialist Harworth Group has secured planning permission for a major mixed-use redevelopment of the former Thoresby Colliery in Nottinghamshire, UK.
The 450-acre site, adjacent to the historic Sherwood Forest, will provide up to 800 new homes and 250,000 sq ft (23,225 m2) of employment space, through the consent granted by Newark & Sherwood District Council.
The first phase of residential land, for 150 homes, is expected to be ready for sale to housebuilders as serviced plots towards the end of 2018. The company said that it will take around ten years to fully develop the site, which it acquired in October 2015.
The current masterplan provides for new housing, a retirement village, a primary school, a 25-acre business park, leisure facilities, and a 300-acre country park.
This is the second significant planning consent achieved by Harworth this month. At the beginning of October, the company received consent for a major new commercial development at the site of the former Alcan Rio Tinto Smelter in Northumberland. This 175 acre site will provide up to 1.3 million sq ft of manufacturing, distribution and local start-up space.
Harworth’s consented residential pipeline now stands at 10,887 plots, alongside a consented commercial pipeline of over 12.7 million sq ft.
