An agreement which will herald the start of work on Corby’s six-screen cinema is set to be approved.
The borough council and the Homes and Communities Agency are to approve the sale and development of the land, off George Street, on the site of the old Tresham College in the town centre, at a meeting of the One Corby Policy Committee on August 14.
The site, which comprises of the former Willows Theatre and the college, has now been cleared ready for redevelopment.
Corby Council owns 20 per cent of the land and 80 per cent is owned by the Homes and Communities Agency.
They are proposing to enter into a development agreement with preferred bidder, Mulberry Developments, which will oversee phase one of the development of the Parkland Gateway site, which is to include the cinema and food outlets, which could be completed as early as the end of 2013.
Leader of Corby Council, Cllr Tom Beattie, said: “It is fantastic news that this agreement is ready to be signed up by both parties, which could result in work beginning on site as soon as the turn of the year.
“The residents of Corby have been eagerly awaiting their very own cinema and so we are very pleased that things are now moving forward. It will be another amazing day for the regeneration of the borough when we open the doors to this facility and we see another quality building taking pride of place next to our international swimming pool and Corby Cube.”
The developers are also planning 113 one, two and three bedroom properties for the site at a later date.