A flagship regeneration project has taken another significant step forward after South Kesteven District Council approved a £1.3 million budget towards the cost of demolition work at St Martin’s Park, Stamford.
The demolition of existing buildings is a condition of sale for the former Cummins site off Barnack Road. Work is expected to take around 36 weeks and could start as early as March. One building will remain, which dates from 1904 when manufacturing first started on site.
SKDC is working in partnership with Burghley Estates to bring forward plans for a 14.7-hectare site which includes a designated commercial area; mixed-use area; retirement village; range of residential properties, including 30% affordable homes; and areas of green and open space.
Outline planning permission was granted in October 2021 subject to completion of a Section 106 agreement.
The Leader of SKDC, Cllr Kelham Cooke, said: “This is a hugely important site in Stamford and our resolve has never wavered in bringing forward plans that will transform it for future generations.
“I am delighted to see this major project, which will bring benefits and opportunities to Stamford and the surrounding areas, passing another significant milestone.
“The Council have a stated it is as an ambition of delivering the St Martin’s Park scheme, it’s been included specifically in our Corporate Plan. These works are a key component in allowing the site to be sold which will generate capital receipts for delivering the Councils capital programme.”