Main Photo: The site as is, recently vacated by Stafford Rugby Club
Date: April 2020
Location: Castlefields, Stafford, West Midlands, UK
No. of Keys: 100
Seller: Lord Stafford, Francis Fitzherbert, who owns the land of the former Stafford Rugby Club. His residence is the historic Swynnerton Hall, threatened by the HS2 rail line due to cut throught the 3,000 acre estate. The Club moved to it’s new ground in November 2019.
Buyer: Despite the Covid-19 pandemic shaking the property world, developers and investors continue to brave the storm, with Godwin Development and Lord Stafford collaborating to regenerate a huge site in Castlefields, West Midlands.
National multi-sector property developer Godwin Developments has signed a collaboration agreement with Lord Stafford to redevelop the former Stafford Rugby Club ground into a mixed-use development.
Located in the Castlefields area of the West Midlands, the 6.5-acre site is owned by Lord Stafford and is situated in close proximity to Stafford town centre and Stafford train station.
When fully redeveloped, the partners say it will play a vital part in the wider multi-million-pound regeneration plan for the area.
Godwin Developments and Lord Stafford appointed agents Savills to attract new businesses to the town. Plans currently include a food retailer, a hotel, a multi-storey car park and a Build to Rent residential development.
The proposals will also provide improved amenities to local residents and support the long-term economic prosperity of the town by attracting higher visitor numbers in a bid to provide up to 200 permanent jobs when fully operational.
Stuart Pratt, group development director and co-founder at Godwin Developments, comments: “We are delighted to be working in partnership with both Lord Stafford and Savills on this really exciting project.”
“Our significant expertise in selecting suitable land for redevelopment, obtaining planning permission and delivering the final scheme alongside our imaginative approach was key in securing this collaboration agreement.”
He adds: “Staffordshire is an important area of development focus for us as we see high growth potential in the region. We believe that the Stafford Borough Council Regeneration Plan alongside the construction of HS2 and the Stafford Gateway Masterplan project will be key drivers to the fast track growth of the town, which is already shaping into a highly attractive investment proposition for developers and commuters alike.”
Commenting on the agreement, Lord Stafford adds: “Godwin Developments’ expertise, flexible working approach and respected track record made them an excellent appointment in managing this project. I have no doubt that this development will play a huge role in the wider re-development master plan for Stafford.”
THPT Comment: Great development project that will bring much-needed business and income to this town/area. Another example of hotel being a core part of multi-use development.
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