News - 25 February 2015

£12 Million Development Gets Underway

City councillors have toured a Nottingham city regeneration site, which will create hundreds of jobs and boost much-needed skills and training for local people.

Work has now started on a £12million scheme at Eastpoint Retail Park in Daleside Road, Sneinton; providing investment for the city, and 200 jobs from construction phase, through to completion.

L to R Nick McDonald David Mellen Peter Gadsby

(From Left – David Mellen, Local Ward Councillor, Peter Gadsby, D2N2 Board Member and Chair of Cedar House Developments, Nick McDonald, Nottingham City Council’s portfolio holder for jobs and growth)  

The site is owned by leading regional developer Cedar House Investments, whose Chairman Peter Gadsby also leads the Investment Panel of D2N2; the Local Enterprise Partnership for Derby, Derbyshire, Nottingham and Nottinghamshire. Grants awarded through the Investment Panel, funded by D2N2’s Unlocking Investment for Growth (UI4G) scheme, promote the creation of sustainable jobs in the D2N2 area. UI4G is funded by the Regional Growth Fund and the European Regional Development Fund.

Mr Gadsby said: “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 know that our retail development, which is anchored by an Aldi food store, is much needed for the people of Sneinton. The three retailers which move in this year will create 100 jobs. Cedar House is already engaged with the city council’s employment hub creating new jobs both during construction and when the scheme is open.”

Other retailers – set to be trading on the site by Christmas – include Poundland and Costa Coffee, added Mr Gadsby.

The site is 60% let with Aldi as the anchor retailer, taking up an 18,200sq ft unit. The building contractor for the site is Radleigh Construction. Joint agents JLL & FHP are marketing the remainder of the Eastpoint site.

Latest News & Events

11 June 2024

The D2N2 LEP staff team joins the East Midlands Combined County Authority (EMCCA)

Read Article

07 June 2024

Becky Rix, Marketing Director at Roadgas, explains why Roadgas is a proud member of the East Midlands Hydrogen Consortium

Read Article

05 June 2024

Spotlight on our Board: D2N2 LEP Board Member Natasha Johnson, Director of Partnerships at Global Entrepreneurs UK

Read Article

05 June 2024

Free Expert Business Advice and Support available through East Midlands Chamber’s Accelerator Programme

Read Article

03 June 2024

Spotlight on our Board: D2N2 LEP Board Member Professor Edward Peck CBE, Vice-Chancellor and President, Nottingham Trent University

Read Article

24 May 2024

Focus on the East Midlands: our time is NOW!

Read Article

24 May 2024

D2N2 LEP CEO, Will Morlidge, shares our East Midlands Hydrogen ambitions at UKREiiF

Read Article

24 May 2024

East Midlands Freeport and Freeport East Sign Green Freight Corridor Initiative at UKREiiF

Read Article

23 May 2024

D2N2 LEP Chair, Elizabeth Fagan, launches £8m Early Stage Angel Investment Fund at UKREiiF

Read Article

21 May 2024

Focus on the East Midlands: our Time is NOW! Panel session at UKREiiF taking place tomorrow, 22 May

Read Article

Get in touch.

Subscribe to our newsletter

Sign up
Address

D2N2 Local Enterprise Partnership
8 Experian Way
Nottingham
Nottinghamshire
NG2 1EP

Social

Our Partners