Positive progress continues at Newark landmark development

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, the site will deliver 29 high-quality private rented homes, offering a vibrant new residential option in the town centre. Alongside these modern homes, plans include attractive new retail units designed to revitalise Newark’s retail offer and encourage greater footfall, helping to secure a thriving future for the town centre.

The development aims to create a lively town centre where people can live, work, shop, and enjoy leisure time. By increasing town centre living, the development is set to boost both daytime activity and the evening economy, supporting a safer and more dynamic community.

Councillor Claire Penny, Portfolio Holder for Sustainable Economic Development at Newark and Sherwood 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.”

The development features eco-conscious design with solar panels, modern insulation, and a commitment to recycling up to 90% of materials removed from site. Green planting and the expansion of St Marks Lane will enhance the area’s environment, opening up new links between Lombard Street and Stodman Street.

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, reflecting strong confidence in the regenerated site.

Penny Taylor MBE, 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.”

The Stodman Street project is a prime example of the successful partnership between Newark Town Board, the District Council, and industry partners like Stepnell. Students from Newark College have also had the unique opportunity to visit the construction site, gaining valuable insight and experience as part of their studies.

Completion of the development is expected in 2026.