Business
Planning Consent
Planning Consent.
About this update from Mindflair Plc
[{"type":"text","content":"\n \n OAK HOLDINGS PLC \n\n YES! PROJECT GRANTED PLANNING CONSENT \n\n SKANSKA SIGNS CONSTRUCTION PARTNERSHIP \n\nOak Holdings plc (\"Oak\" or \"the Company\"), the AIM-listed property development\nand consultancy company today announces that outline planning permission\n(subject to certain conditions) has been issued for YES!, its £350m leisure,\nentertainment, sports and convention project in Rotherham.\n\nOak also announces that it has signed Skanska UK Plc (\"Skanska\"), one of\nEurope's leading construction services groups, as its Construction Partner for\nthe YES! Project.\n\nYES! aims to be Europe's largest covered leisure development, and the outline\nplanning permission issued by Rotherham Metropolitan Borough Council (\"RMBC\" or\n\"the Council\") represents a major step forward for the £350m regeneration\nproject.\n\nOak now plans to progress with finalising the details of the scheme to create\nmore than 1.25m sq ft of leisure space on a 327 acre former coalfield in the\nRother Valley; the Company received unanimous support from RMBC for a\nstate-of-the-art leisure, entertainment and sports project that will generate\npermanent employment for 3,000 people as well as 2,000 construction jobs during\nthe three year development phase.\n\nContact:\n\nOak Holdings plc Tel: 020 7493 5522\n\nMalcolm Savage, Chairman\n\nStephen Lewis, Chief Executive\n\nMike Hill, Finance Director\n\nBaron Phillips Associates Tel: 020 79203161\n\nBaron Phillips\n\nCity Financial Associates Limited Tel: 020 70907800\n\nJames Caithie\n\nResolution to Grant Planning Consent was given by RMBC in May 2006 following a\nthree-year process. The Government Office decided not to intervene in\ndetermining the Planning Application in July 2006 following the statutory\nreferral. Outline planning permission has now been formally granted following\nthe completion of a legal agreement with the Council to provide a range of\npublic transport and highway improvements which will be delivered as part of\nthe scheme.\n\n\n\nThe Council's Cabinet Member for regeneration and economic development, Cllr\nGerald Smith, said: \"YES! will make an immense difference to the economy not\njust of Rotherham but also of the surrounding areas. It's another excellent\nexample of Rotherham's ambition and ability to work with partners to bring\nabout large-scale regeneration pro...