Mansfield is the ‘closest it’s been in years’ to developing a town centre area that has been decades in the making.
The White Hart Street area has been the subject to various blueprints in an effort to breathe life into the site.
There are hopes to bring key, historic buildings could be brought back in to use, bulldoze dilapidated buildings and build a combination of retail, office and residential units in their place.
A planning application has been submitted to Mansfield District Council by developers Stirling Mortimer, after permission lapsed on a previous application without work starting on site.
But developers are now waiting in the wings and the project have been shortlisted for money from the Government initiative, the Builders’ Finance Fund, if planning permission is re-granted.
Business owner and former councillor, June Stendall, who runs a bridal shop on White Hart Street, is confident that if given the go-ahead, there is a real chance that progress could be finally be made.
“This development has been 30 years in the making,” said June.
“This must be the fifth time someone has tried to get it developed, but this is the closest it’s been in years, it’s further forward than it’s ever been.”
One developer, who did not want to be named, is monitoring the latest application with hopes that it will be given the green light by Mansfield District Council.
He says he and his business partner have an option to buy the site from Stirling Mortimer.
Speaking to Chad, he said: “Mansfield is a town that requires regeneration and this particular scheme is considered the catalyst that could kick-start it.
“It could blossom into regeneration for the whole town.
“Mansfield is an historic mining town and it needs to embrace that, but it also needs to move forward.
“To build a development like this could only attract and create wealth and opportunity for the area.”
He fears a sticking point could be over the section 106 agreement, an additional cash obligation for the applicant to cover the costs of affordable housing, open spaces or employment training schemes.
“Until the council and Stirling Mortimer resolve the 106 agreement we can’t do anything, that’s the blockage in the pipe at the moment,” added the unnamed developer.
“Once that happens, there’s a strong likelihood that this scheme can actually happen.”