Posted on 18th Sep
Significant progress is being made on the transformation of the former M&S building in Newark.
The development is one of Newark and Sherwood District Council and Newark Town Board’s flagship projects, hoping to breathe new life into the town.
The project has been supported by the Towns Deal, now integrated within the UK Government’s Local Regeneration Fund.
Building work is proceeding well under the management of complete construction partner Stepnell, with the development quickly taking shape in the heart of Newark.
Once completed, it will include 29 high-quality private rented homes. Alongside these modern homes, plans also feature retail units designed to revitalise Newark’s retail offer and encourage greater footfall.
Coun Claire Penny, portfolio holder for Sustainable Economic Development at the district council, said: “The progress on site has been outstanding, especially considering the complexities of dismantling and reconstructing the building in such a constrained space.
“There was also a number of unforeseen challenges to overcome at the start including asbestos removal and the discovery of a number of exciting archaeology finds.
“Once complete, this project will bring huge benefits to both residents and visitors, ensuring Newark’s centre remains a vibrant place for all.”
“We’re committed to making a positive difference alongside our partners, showing how steps like this can help reimagine town centres for the future. By blending living, working, shopping, and leisure, we’re confident Newark will become even more attractive and welcoming for everyone.
“Without the council’s intervention, this prominent building on Stodman Street could have fallen into disrepair.”
Tom Sewell, director at Stepnell, said: “Drawing on our strong track record of delivering town centre works, our team is making excellent progress on the site of this landmark residential and retail scheme for Newark, ensuring a safe and sustainable transformation of the former M&S site.
“We continue to engage closely with stakeholders to ensure works remain at minimal disruption in this busy town centre location for residents, businesses and visitors alike.”
Retail units, marketed by Wood Moore & Co Ltd, have already attracted considerable interest from prospective occupiers.
Penny Taylor, co-chair of Newark Town Board, said: “As part of the regeneration of Newark Town, this project will allow for a different element of shopping and housing to be seen in the town centre. While acknowledging the changes in the social fabric of high streets and the increase in shopping at retail parks, we hope this will bring a different shopping experience to the town.”
Completion of the development is expected in 2026.
