Partners Martin Grange and Richard Moran have advised Castleford Tigers rugby league club on a preliminary agreement with developer Waystone to develop a 20 acre plot at Grasshoughton which will provide a multi-activity venue including a brand new stadium
Partners Martin Grange and Richard Moran have advised Castleford Tigers rugby league club on a preliminary agreement with developer Waystone to develop a 20 acre plot at Glasshoughton which will provide a multi-activity venue including a brand new stadium.
The deal follows months of complex negotiations and Waystone has already secured outline planning permission for a mixed use development. The agreement enables Waystone to seek detailed planning while Castleford Tigers finalises the design and specification of the stadium. Once the project receives full planning consent, Waystone will provide the land for the stadium.
Work is now underway on the detailed design of the stadium which will have a 13,300 seat capacity. Site work is expected to start next year.
"Glasshoughton is a fantastic site - with excellent infrastructure including direct motorway access and a railway station nearby, it really is an ideal location," commented Castleford Tigers chief executive Richard Wright. "Regeneration is at the heart of the stadium project; we plan to create a multi-activity venue designed to provide dynamic, high quality sporting environment with a sporting focus."
Clarion partner Martin Grange commented: "This preliminary agreement brings together both parties to allow them to work on a detailed specification for the stadium. With full planning consent expected before the end of the year, we are pleased to help bring Castleford Tigers' new stadium a step closer."
The club currently plays at The Jungle stadium at Wheldon Road, Castleford. The stadium will be the latest attraction to join the 335 acre site which also houses Xscape and the Designer Outlet Village.
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