Commercial Property News

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Tuesday, May 16, 2023

YES! project moves one step closer in South Yorkshire

Oak Holdings, the AIM-listed developer behind the YES! project, the 300m entertainment destination planned for South Yorkshire, has been notified that it is on course to receive planning permission.

Rotherham Metropolitan Borough Council's planning board has resolved to support the application, subject to the completion of a legal agreement, and to referral to the Government Office. The development would transform 320 acres (130 hectares) of former coalfield land next to Rother Country Valley Park.

Steve Lewis, chief executive of Oak Holdings, says: "We are delighted to receive this positive step forwards for the YES! project. As well as strengthening the tourism offer available in South Yorkshire, the scheme will produce over 2,700 jobs in line with the ODPM's Northern Way initiative."

YES! will feature various sporting and leisure facilities including an Olympic standard canoe slalom, extreme sports, a live music venue and many other attractions.

Oak is working on the YES! project in joint venture with Rotherham Metropolitan Borough Council, having been appointed preferred developer in 2003.