North East property firm set to begin work on £9.5m Yorkshire retail development
A North East property company has announced that it is starting work on a new £9.5m Yorkshire development expected to create more than 65 jobs.
Hargreaves Property Ventures, based in Durham, will start work on the multi-million pound retail warehouse development in Bridlington this month.
The joint venture between Hargreaves Land and Fintry Estates will create 44,000 sq ft of commercial floorspace at a former car park in Hilderthorpe Road.
The scheme is due for completion in summer 2021 and is set to see retailers Lidl and B&M move in.
David Anderson, group property director at Hargreaves Land, commented: “The design of this scheme has been carefully considered and reflects the sensitive nature of the site being adjacent to the Railway Station.
“We look forward to pushing ahead with the construction phase of the scheme in the weeks ahead and delivering new amenities and job opportunities for the local community.”
Councillor Richard Burton, leader of East Riding of Yorkshire Council, said: “The ongoing regeneration of Bridlington is vitally important, not only for the people and businesses of the town but also for the wider East Riding.
“The creation of new jobs and support for key sectors of the economy, including construction, will help the East Riding navigate through the current period of economic uncertainty brought on by the COVID-19 pandemic and to then go on and grow and thrive in the years to come.
“Today’s announcement from Hargreaves Property Ventures and Fintry Estates is welcome news and we look forward to seeing this key part of Bridlington’s regeneration starting on site in December and completing in the summer.”
Graham Wilson, director at Fintry Estates, added: “During the planning process, the public consultation event was very well attended and attracted widespread support so it’s excellent news that we are now in a position to start on site.
“The confidence shown by Lidl and B&M is testament to the resilience of Bridlington as a location and the quality of the scheme.”
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