Friday, May 23, 2008

News: YES! Project set for marketing drive


The report on the latest financial results for Oak Holdings, the developers behind the massive £390m leisure development in Rotherham, highlights the focus for the coming year. Having agreed the heads of terms with landowners, Rotherham Meteropolitan Borough Council, the company is set to tie up the Development Agreement shortly, enabling Oak to focus on completing the scheme’s tenant profile and marketing the project to prospective tenants. With the design team in place, the company is set to focus on detailed design and the developers also expect to secure a development loan to take the YES! Project to completion. Highlights of the previous year include gaining planning consent, securing access land, the agreement of the heads of terms, signing a construction partnership agreement with Laing O'Rourke, signing an agreement to provide a 60,000 sq ft arena for the Sheffield Steelers ice hockey team and the ongoing work with E.On and BT on innovative sustainable solutions for the project.
Oak Holdings website
Yes! Project website


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