Eastover Hotel project gets £4.5m cash boost

Eastover Hotel project gets £4.5m cash boost

Eastover Hotel project gets £4.5m cash boost

First published in News
Last updated
by

A HUGE project to create a state of the art 80-bed hotel in Eastover has been given a £4.5m cash boost - allowing work to begin this year.

DC Homes and Investments' four-star Eastover Hotel will benefit from the cash from the Growing Places Fund (GPF) secured by the Heart of the South West Local Enterprise Partnership (LEP).

The project, which includes a roof top restaurant and conference facilities as well as number of business units, will create hundreds of jobs and help regenerate the area.

It is hoped the hotel will also help meet demand for bed spaces generated by the Hinkley Point C project.

Bridgwater MP Ian Liddell Grainger said: “The hotel is enormously important and the reason Sedgemoor is getting this funding is because they know we can deliver. This is Bridgwater at its best.

“Sedgemoor got about 50% of the cash for the South-West from this fund. It's a phenomenal success. It's fantastic. We've got the maximum amount of money to get things done.

“I think the biggest reason for Sedgemoor getting all this money is because all the authorities work together and we can put forward this encompassing vision which shows we're the best.”

The £4.5m cash boost comes from the £21.5m Growing Places Fund. The initiative is designed to restart 'stalled' building projects, which have been postponed for financial reasons: applicants will be required to repay the fund, so the funds can be invested into different future projects.

DC Homes and Investments signed a legal agreement with Sedgemoor District Council last August to rubber-stamp conditions of the planning permission given in 2012, allowing it to build the hotel near Aldi and the junction with Broadway. The project has been waiting for further investment.

Chris Garcia, chief executive of the Heart of the South West Local Enterprise Partnership, said: “This project will help to transform Sedgemoor, providing a unique opportunity for economic regeneration in the area.”

Duncan McGinty, Leader of Sedgemoor District Council said: “This is a huge investment into Sedgemoor and will completely change the economy of the area, by improving local infrastructure and create 300 new jobs in construction, hospitality and retail sectors.

“The project is identified as a priority within the Eastover vision supplementary planning document.”

Deepak Chainrai, Director of DC Homes and Investments: “We are excited about this pioneering project and believe it will be a catalyst to transform the area. We are grateful for all the support from both Sedgemoor Council and the LEP.”

The hotel has now undertaken the final step in the process and the formal funding agreement has been signed. It is expected work will begin this November and the project will be completed in early 2016.

Comments (19)

Please log in to enable comment sorting

4:39pm Thu 10 Jul 14

twinkles says...

Brilliant news!
Brilliant news! twinkles
  • Score: 3

6:20pm Thu 10 Jul 14

Another Viewpoint says...

Lidl ?
Lidl ? Another Viewpoint
  • Score: 2

11:13pm Thu 10 Jul 14

swjoduk says...

Another Viewpoint wrote:
Lidl ?
Mercury had to be corrected on this when the story was run with the original planning application. Obviously do not listen to their readership
[quote][p][bold]Another Viewpoint[/bold] wrote: Lidl ?[/p][/quote]Mercury had to be corrected on this when the story was run with the original planning application. Obviously do not listen to their readership swjoduk
  • Score: 4

1:34am Fri 11 Jul 14

Three Pots Derek says...

Another Viewpoint wrote:
Lidl ?
Exactly, surely they should have put Aldi one of the best stores in town. No correction The Best store in town. Good products polite and helpful staff and good prices. I bet they will be busy wwhen work starts on this project.
[quote][p][bold]Another Viewpoint[/bold] wrote: Lidl ?[/p][/quote]Exactly, surely they should have put Aldi one of the best stores in town. No correction The Best store in town. Good products polite and helpful staff and good prices. I bet they will be busy wwhen work starts on this project. Three Pots Derek
  • Score: 2

8:31am Fri 11 Jul 14

Blue Owl says...

More Great News for Bridgwater, regeneration !! Hopefully this will be the Kick-start that will determine the future of investment in this part of town.
I have had my doubts, as to how the Future Funding for the rest of Eastover was to be achieved. As the majority of the units are individually owned and needs Major Investment Capital.
This is Good News , let's Hope more to follow ..........
David L Preece
Blue-Owl
More Great News for Bridgwater, regeneration !! Hopefully this will be the Kick-start that will determine the future of investment in this part of town. I have had my doubts, as to how the Future Funding for the rest of Eastover was to be achieved. As the majority of the units are individually owned and needs Major Investment Capital. This is Good News , let's Hope more to follow .......... David L Preece Blue-Owl Blue Owl
  • Score: 2

1:18pm Fri 11 Jul 14

MARTINI 129 says...

Are they going to refurbjsh Eastover at the same time ? Empty shops , boarded up shops what a sad setting for a new hotel ! ! ! Nothing but take aways !!
Are they going to refurbjsh Eastover at the same time ? Empty shops , boarded up shops what a sad setting for a new hotel ! ! ! Nothing but take aways !! MARTINI 129
  • Score: 7

3:52pm Fri 11 Jul 14

awayswing says...

I am glad that the hotel is now going to be built.Why wait until November if the planning permission and finance are in place?Could they be waiting for news of HPC?Does anybody know if the Planning Committee have to establish whether adequate finance is in place when they consider planning applications?
I am glad that the hotel is now going to be built.Why wait until November if the planning permission and finance are in place?Could they be waiting for news of HPC?Does anybody know if the Planning Committee have to establish whether adequate finance is in place when they consider planning applications? awayswing
  • Score: 5

5:31pm Fri 11 Jul 14

Bridgy old Boy says...

Good news and a 80 bed town centre hotel will really help boost the night time economy. Lets hope this does really have a knock on effect on the rest of Eastover because my god doesnt it need it.
Good news and a 80 bed town centre hotel will really help boost the night time economy. Lets hope this does really have a knock on effect on the rest of Eastover because my god doesnt it need it. Bridgy old Boy
  • Score: 6

6:53pm Fri 11 Jul 14

GettingrichfromHinkley says...

You cant polish a turd. Bridgwater is one big turd.
You cant polish a turd. Bridgwater is one big turd. GettingrichfromHinkley
  • Score: -15

7:52pm Sat 12 Jul 14

Another Viewpoint says...

Thank you for correcting your article Ms James. It is a shame you couldn't be bothered to acknowledge that due to readers' vigilence you have ammended the article.
It has rather spoilt a good news article and hopefully the rest of the facts are accurate but when such a basic error has happened there is going to be a nagging doubt.
If a Police Officer or other witness in court were to make such an error no doubt there would be much scorn & outrage in the local media that enabled a defence lawyer to put sufficient doubt in the DJ/Magistrates mind
Thank you for correcting your article Ms James. It is a shame you couldn't be bothered to acknowledge that due to readers' vigilence you have ammended the article. It has rather spoilt a good news article and hopefully the rest of the facts are accurate but when such a basic error has happened there is going to be a nagging doubt. If a Police Officer or other witness in court were to make such an error no doubt there would be much scorn & outrage in the local media that enabled a defence lawyer to put sufficient doubt in the DJ/Magistrates mind Another Viewpoint
  • Score: -2

10:57am Sun 13 Jul 14

Only me 123! says...

GettingrichfromHinkl
ey
wrote:
You cant polish a turd. Bridgwater is one big turd.
And will continue to be so whilst brainless idiots like you make that kind of childish comment.
Have you considered moving, you won't be missed xxx.
[quote][p][bold]GettingrichfromHinkl ey[/bold] wrote: You cant polish a turd. Bridgwater is one big turd.[/p][/quote]And will continue to be so whilst brainless idiots like you make that kind of childish comment. Have you considered moving, you won't be missed xxx. Only me 123!
  • Score: 22

1:46am Tue 15 Jul 14

Three Pots Derek says...

GettingrichfromHinkl
ey
wrote:
You cant polish a turd. Bridgwater is one big turd.
If you don't like Bridgwater Then why stay ? Bridgwater is improving and will improve with or without your negative opinions.
[quote][p][bold]GettingrichfromHinkl ey[/bold] wrote: You cant polish a turd. Bridgwater is one big turd.[/p][/quote]If you don't like Bridgwater Then why stay ? Bridgwater is improving and will improve with or without your negative opinions. Three Pots Derek
  • Score: 5

1:51am Tue 15 Jul 14

Three Pots Derek says...

Only me 123! wrote:
GettingrichfromHinkl

ey
wrote:
You cant polish a turd. Bridgwater is one big turd.
And will continue to be so whilst brainless idiots like you make that kind of childish comment.
Have you considered moving, you won't be missed xxx.
Well said , that person would not be missed.
[quote][p][bold]Only me 123![/bold] wrote: [quote][p][bold]GettingrichfromHinkl ey[/bold] wrote: You cant polish a turd. Bridgwater is one big turd.[/p][/quote]And will continue to be so whilst brainless idiots like you make that kind of childish comment. Have you considered moving, you won't be missed xxx.[/p][/quote]Well said , that person would not be missed. Three Pots Derek
  • Score: 6

9:16am Wed 16 Jul 14

Rusty Hinge says...

GettingrichfromHinkl
ey
wrote:
You cant polish a turd. Bridgwater is one big turd.
You cannot blame everything wrong in our country and society on the Conservative Party.
[quote][p][bold]GettingrichfromHinkl ey[/bold] wrote: You cant polish a turd. Bridgwater is one big turd.[/p][/quote]You cannot blame everything wrong in our country and society on the Conservative Party. Rusty Hinge
  • Score: -3

2:12pm Wed 16 Jul 14

The Central Scrutinizer says...

GettingrichfromHinkl
ey
wrote:
You cant polish a turd. Bridgwater is one big turd.
True, but you can roll them in glitter...

Hopefully this development will kick-start badly the needed regeneration of Eastover in general.
[quote][p][bold]GettingrichfromHinkl ey[/bold] wrote: You cant polish a turd. Bridgwater is one big turd.[/p][/quote]True, but you can roll them in glitter... Hopefully this development will kick-start badly the needed regeneration of Eastover in general. The Central Scrutinizer
  • Score: 0

3:01pm Thu 17 Jul 14

MR.GOF says...

why, dose this town need a 80 bed hotel?waste of money,when this is closed down because of lack of,use then what.this money should be spent on the floods now and the floods to come.
why, dose this town need a 80 bed hotel?waste of money,when this is closed down because of lack of,use then what.this money should be spent on the floods now and the floods to come. MR.GOF
  • Score: 0

5:12pm Thu 17 Jul 14

The Central Scrutinizer says...

MR.GOF wrote:
why, dose this town need a 80 bed hotel?waste of money,when this is closed down because of lack of,use then what.this money should be spent on the floods now and the floods to come.
Just some little building project nearby called Hinkley Point C. Perhaps you have heard of it?
[quote][p][bold]MR.GOF[/bold] wrote: why, dose this town need a 80 bed hotel?waste of money,when this is closed down because of lack of,use then what.this money should be spent on the floods now and the floods to come.[/p][/quote]Just some little building project nearby called Hinkley Point C. Perhaps you have heard of it? The Central Scrutinizer
  • Score: 0

6:57pm Thu 17 Jul 14

MR.GOF says...

The Central Scrutinizer wrote:
MR.GOF wrote:
why, dose this town need a 80 bed hotel?waste of money,when this is closed down because of lack of,use then what.this money should be spent on the floods now and the floods to come.
Just some little building project nearby called Hinkley Point C. Perhaps you have heard of it?
yes,and say the French pull out then what...
[quote][p][bold]The Central Scrutinizer[/bold] wrote: [quote][p][bold]MR.GOF[/bold] wrote: why, dose this town need a 80 bed hotel?waste of money,when this is closed down because of lack of,use then what.this money should be spent on the floods now and the floods to come.[/p][/quote]Just some little building project nearby called Hinkley Point C. Perhaps you have heard of it?[/p][/quote]yes,and say the French pull out then what... MR.GOF
  • Score: 0

6:57pm Thu 17 Jul 14

MR.GOF says...

The Central Scrutinizer wrote:
MR.GOF wrote:
why, dose this town need a 80 bed hotel?waste of money,when this is closed down because of lack of,use then what.this money should be spent on the floods now and the floods to come.
Just some little building project nearby called Hinkley Point C. Perhaps you have heard of it?
yes,and say the French pull out then what...
[quote][p][bold]The Central Scrutinizer[/bold] wrote: [quote][p][bold]MR.GOF[/bold] wrote: why, dose this town need a 80 bed hotel?waste of money,when this is closed down because of lack of,use then what.this money should be spent on the floods now and the floods to come.[/p][/quote]Just some little building project nearby called Hinkley Point C. Perhaps you have heard of it?[/p][/quote]yes,and say the French pull out then what... MR.GOF
  • Score: 0

Comments are closed on this article.

Send us your news, pictures and videos

Most read stories

Local Info

Enter your postcode, town or place name

About cookies

We want you to enjoy your visit to our website. That's why we use cookies to enhance your experience. By staying on our website you agree to our use of cookies. Find out more about the cookies we use.

I agree