CRT Property Investment Ltd, the wholly owned subsidiary of the Coalfields Regeneration Trust, the only organisation dedicated to supporting former mining communities throughout the UK, has received planning permission for a £3.6m industrial development at the former Kellingley Colliery.
As the last deep coal mine in Britain to close in 2015, the plans will breathe new life into the site, delivering a 39,000 sq ft multi-let industrial development, comprising of 11 individual units ranging from 3,000 sq ft to 4,000 sq ft.
In addition, car parking with electric vehicle charging points and landscaping will turn the brownfield site into a high quality, commercial scheme to attract local SMEs.
As well as providing local businesses with access to the new units, it is hoped that the development will create job opportunities and retained employment for those living within the region.
Supported by a £1.8m grant from the European Regional Development Fund (ERDF), work is scheduled to start on the site from May 2021 with outline proposals sharing a completion date of October 2021.
Property Investment and Development Manager for CRT Property Investment Ltd, Zoe Shearman, comments: “We are very pleased to announce that permission has been granted for the development at Kellingley. Thanks to a lot of hard work, and with support from the European Regional Development Fund, we can give this site a new lease of life.
“As a developer that is committed to creating opportunities within the coalfields, we are very much looking forward to getting started. Delivering a scheme that will allow organisations to grow and develop over time, we hope this will be a further example of how our approach attracts and retains jobs for the region.”
This will be the third new build commercial development from CRT Property Investments Ltd, with multi-let, mixed-use industrial schemes already complete and with full occupancy at Ollerton in Nottinghamshire and Wigan in Greater Manchester.
For further details about CRT Property Investments Ltd, please visit: https://www.coalfields-regen.org.uk/property/
European Regional Development Fund
The project is receiving up to £1.8m of funding from the England European Regional Development Fund as part of the European Structural and Investment Funds Growth Programme 2014-2020. The Ministry of Housing, Communities and Local Government (and in London the intermediate body Greater London Authority) is the Managing Authority for European Regional Development Fund. Established by the European Union, the European Regional Development Fund helps local areas stimulate their economic development by investing in projects which will support innovation, businesses, create jobs and local community regenerations. For more information visit https://www.gov.uk/european-growth-funding.