A US funder has announced it is throwing its weight behind a stalled £400million leisure development in Derbyshire designed by Stanton Williams
Grand Heritage Hotel Group has emerged as the main financial backer to kick-start construction on the Peak Resort in Chesterfield, being developed by Birchall Estates.
The three-phase project, which the Stirling Prize-winning practice steered through planning in 2008, will create 1,300 full-time jobs when open, plus additional jobs during its construction phase over the next three years.
Once completed, the development will include:
- Visitor accommodation, including a 212-bed apartment/hotel-condominium, 250 woodland lodges and a 26-bed golf hotel.
- World-class golf facilities on the site consisting of an 18-hole championship course, eight-hole practice course and driving range.
- 120 ha of park and woodland with walking and cycling trails.
- A sports injury clinic.
- lndoor climate-controlled water sports, adventure and other leisure facilities.
The investment was brokered by UKTI’s Regeneration Investment Organisation, the body set up by the government to help international investors access large regeneration projects in the UK.
Peak Resort is its first project to be agreed this year.
The announcement comes as prime minister David Cameron begins talks with US president Barack Obama on global economic security.
The deal is part of a package of US investments in UK industry announced today, totalling more than £1.1bn.