32 Stodman Street
The first phase to transform the empty former M&S building on Stodman Street in Newark into an attractive hub made up of homes and retail units is underway. This ambitious project will breathe new life into the heart of the town when completed.
Stepnell, a well-established complete construction partner with over 150 years’ heritage in the industry, is undertaking the initial phase and mobilisation of the project.
Plans will see the empty building converted into an exciting hub made up of 29 high-quality residential homes in the heart of Newark, which will provide a new town centre housing offer with a sympathetic but eye-catching and vibrant design. There will also be two new retail units which will improve Newark’s retail offer with the aim of attracting more people into the town centre.
Smaller retail units will complement the rest of the town and will look at enhancing the shopping offer in the centre. The District Council has been successful in the past; although they own very few buildings in the town centre, since taking over and managing the area of the Buttermarket facing Middlegate, fantastic tenants such as Tambo Lounge, Iguazu, Specsavers and Inspire have collectively created a space for learning, shopping and socialising. With a track record for providing attractive units, the District Council continue to support town centre occupation.
It is also putting emphasis on bringing sustainability aspects into the build. This development will utilise solar panels on the roof, have modern insulation and will recycle up to 90% of all materials removed from site. It will also create new green planting and expand St Marks Lane, opening up the link between Lombard Street and Stodman Street.
The first phase of work is likely to take place until the start of 2024 with the construction taking place soon after. Completion is expected to be in summer 2025.