Shops site in town centre to be knocked down and redeveloped
A BUILDING society branch is set to be demolished and rebuilt in Notts.
The Nottingham Building Society has submitted a planning application to Broxtowe Borough Council to redevelop their branch in Derby Road, Stapleford.
The project will include a new flagship office as well as low-cost housing and the renovation of two shops around the corner in Church Street.
Simon Taylor, chief operating officer at the Nottingham Building Society, said: “The site itself is divided into five units and we are in two of them but the others are in a really poor condition.
“The best way to improve all of them is to demolish the building so it can be redeveloped.
“We are creating a flagship store which will greatly improve the appearance of the street.
“The project will also have six two bedroom flats above it which will be good quality affordable housing.
“The building is in such a poor state of repair and we hope the application will be given the go-ahead for the sake of the town.
“If it is granted we plan for it to be completed by spring next year.”
During the development staff from the building society will move into two shop units in Church Street which will also be renovated and once the project is complete the shops will be rented out to new businesses.
Chief executive David Marlow added: “We have been looking at changing the building for some time.
“Once the main project is complete we will move back and rent the shop out.
“We have been looking at various options over the last three years and think that this is the best possible proposal for us and the area.”
Local businesses have welcomed the project and hope it will encourage the rest of the town to be redeveloped.
Key volunteer Brenda Mills from the Lincolnshire and Nottinghamshire Air Ambulance Charity Shop, Derby Road, Stapleford, added: “I think the development is a great idea. The building that is currently there is not attractive. It is the first thing you see when you come into town.”
Roy Clark, from the Mortgage Centre, in Derby Road, said: “I think that it can only tidy up the town. Any development is welcome if it improves Stapleford.”
You can view the planning application and submit comments via the following link,