£400M Peak Resort announced by PM in US

Published 22nd January 2015 at 9:25am

Plans to build a £400m new leisure facility on the outskirts of Chesterfield, in Sheffield City Region, will totally ‘transform the town’s economy’ and the tourism industry in the area, say business leaders.

The area is set for a 1,300 jobs boost thanks to a £400m tourism development which will be announced by the Prime Minister during his tour of America.

Peak Resorts will provide a year round leisure, health, sport and education destination on the edge of the 550 square miles Peak District National Park.

In 2008 developers Birchall Estates obtained planning permission for the first phase of developments for a major development at the site.

Last year an order was made to divert a public bridleway and public footpaths crossing the site of the proposed resort, to run around the perimeter of the site.

The project brings together leading hospitality, university, sport and medical expertise and offers 600 holiday apartments, hotel and hostel units with 250 woodland lodges.

It will create over 1,300 full time equivalent jobs when it opens and many more in the construction phase over the next three and half years.

The investment is a partnership between a UK development company and US firm Grand Heritage Hotel Group.

Welcoming the deal, David Cameron: “This partnership between US investor Grand Heritage Hotel Group and a UK development company will deliver a phenomenal boost to the leisure industry in the Peak District.

“This £400m investment will deliver a world-class resort complex creating over 1,300 permanent jobs when it is completed and supporting hundreds of construction jobs as the site is developed.”

The Prime Minister arrives in Washington today for bilateral discussions with President Obama about how the United Kingdom and United States of America can keep working together to advance our economic prosperity and protect our national security.

Original story.