In 2009, Royal Bank of Scotland found themselves in possession of a brown-field site in Doncaster. When they put the site on the market, HBD put forward a proposal that suggested we develop the site together as a joint venture.
We were excited by the scale of the scheme and knew our wealth of experience would guide the project in the right direction. RBS accepted, and with ERDF grant funding secured, we went about developing Thorne Park into a pivotal scheme for the local area.
At 26 acres, we began by dividing the land up for different uses. A third of the site was ring-fenced for retail, with 5 acres sold to Tesco fairly early in the process. Smaller plots went to Marsden’s pubs, who wanted to bring a pub and hotel to the park, and a further five occupiers saw a cluster of retail outlets take shape.
On the industrial side of the park, an existing 45000 sq ft warehouse was refurbished and over 100,000 sq ft of new industrial units were built on the land, the biggest being 32000 sq ft. These created 10 units in total, all of which were sold within two years of completion. Furniture Village took a leasehold deal to locate their depot at Thorne Park, which we later sold to Doncaster Council as an investment for their portfolio, and the region.
Before Thorne Park, the town’s high street was struggling and its residents averaged quite a low wage. This scheme has had a big impact on jobs through its retail offering, as well as bringing the affluence of distribution and manufacturing to Doncaster.