Insights
- Type of Investment Sought: Funding partners, developers, occupiers
- Site Size: 800-1,000 Homes
- Timescale: 2025-2035
- Delivery Timescale: 5+ years
- Planning Status: Full outline permission, reserved matters complete on early phases
Located within walking distance of Edwinstowe and within easy commuting distance of Sheffield, Nottingham and mainline stations at Mansfield, Newark and Retford, Thoresby Vale is a residential-led scheme situated amongst some of the region’s most popular woodlands, forests and leisure attractions.
Following the closure of Thoresby Colliery in July 2015, Harworth put together a masterplan for the restoration and redevelopment of the site, transforming it into a sustainable new community called Thoresby Vale. After receiving outline planning consent in October 2017, the scheme received full planning permission in 2019 to deliver up to 800 new homes, alongside a new primary school and commercial and leisure space. The engineered land is ready for residential development, with over 300 homes already been built by Harron Homes, Barratt and David Wilson Homes, with over 400 still to be built over the next 5 years. This has been matched by a parallel investment in community infrastructure, including the restoration of the site’s former spoil heap into a new Country Park following years of material removal and treatment and the build of a new Primary School which completes in 2025.
Progress So Far
• 2016: Restoration of the spoil heap begins.
• 2018: Demolition and clearance operations of the pit heads and infrastructure completed. The works included permanently filling and capping the two mine shafts.
• 2019: First plot sale, to Harron Homes for the development of 143 new homes.
• 2020: Plot sale to Barratt and David Wilson Homes to develop 219 homes.
• 2022: Restoration of the spoil heap nears completion, with over half of the land transformed to heathland that is consistent with the local landscape; works completed in 2023.
• 2023: Plot sale to Barratt and David Wilson Homes to develop 174 homes. Works to form the eastern access are completed, which will serve the future employment units at the site and allow construction access for the remainder of the development, helping to separate construction and residents access.
Potential Timetable for Development
Milestone Dates Completion of remaining 400+ homes 2024 – 2029 Planning application for re-use of workshop building 2024 Completion of the development’s primary school 2025 Receipt of planning consent for workshop; fitout to begin 2025 First SMEs to begin occupation of workshop building 2026
How Housing Delivery Could Be Accelerated
• Help to accelerate a positive funding decision (through the DfT) for improvements to the A614 and the nearby Ollerton roundabout to significantly improve Highways capacity - in turn resolving a key planning condition
For more information, please contact us via enquiries@investinnottingham.co.uk.
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