WORK to continue transforming the former Mansfield Shoe Co factory into appartments is set to start soon following a few ‘technical problems’.
Chad reported last year how the site had been purchased by Worksop businessman David Mee and work was expected to start by the end of December.
But work is yet to resume which had raised fears the deal had fallen through.
Mansfield mayor Tony Egginton hopes work can start very soon and says it should be finished within 11 months.
He said: “There has been a few problems but they signed the finance deal last Friday.
“There was a situation involving the car park which caused a little hold-up.
“They will be on site very soon and have got an 11-month completion programme.
“It’s good news. The council has been working very closely with them. The finance deal has now been signed and they hope to get on site in the very near future.”
The factory, on Stockwell Gate, closed its doors in 2004 with the loss of around 50 jobs and the building was knocked down in 2006.
Developers Highgrange Homes Ltd began transforming the site in 2008, building nearly 100 apartments with 20,000sqft of office and retail space below.
Work stopped suddenly on the development more than a year ago and Highgrange Homes has now gone into liquidation.
Concerns had been raised about the site after it had remained an ‘eyesore’ for more than 18 months.
The site is on a main gateway to Mansfield for people coming in from the A38 Sutton Road and is opposite the bus station.