Work starts on new £12m retail park in Nottingham
Work has begun on the new £12 million Eastpoint Retail Park in Nottingham.
The development in Daleside Road on the outskirts of Sneinton will create 200 jobs from construction phase right through to completion.
Peter Gadsby, chairman of the site’s owner Cedar House Investments, said the scheme will be a catalyst for regeneration in the area and will breathe new life into the eastern gateway of Nottingham.
He added: “After so many years of this five-acre former Sunlight Laundry site lying derelict, this is a significant landmark that this scheme has started on site. Eastpoint will further facilitate investment in Waterside as this area of the city continues to thrive.
“We have already attracted Aldi, Poundland and Costa Coffee which will be trading by Christmas. We also have a number of other retailers looking to commit to Eastpoint over the coming months.”
The site is now 60% let.
Councillor Nick McDonald, Nottingham City Council’s portfolio holder for jobs and growth, said: “This scheme is significant, not least because it will catalyse our wider plans for this area of the city. What is most pleasing is that 100 jobs have already been filled by Nottingham people with another 100 to be filled before Christmas.”
As part of wider improvements to public space which accompany the development, Cedar House will be contributing to works to be undertaken on the Sneinton Greenway public footpath and cycle way which runs behind the Eastpoint site.
Gadsby said: “The scheme is the first major retail development for Nottingham in the last few years, showing the growing confidence which has been shown in Nottingham as a city.”
