Sleaford regeneration plans

£100 million is being invested in a new development in Sleaford.

Video: Supermarket plans new store in Sleaford

A leading supermarket has confirmed it's pressing ahead with plans for a new store in Sleaford, which council bosses say could lead to a 100 million pounds worth of redevelopment and up to a thousand new jobs.

North Kesteven District Council says the redevelopment, which includes a disused heritage site, will bring a much needed economic boost to the area. But some residents are rejecting the plans for a new store. They say they want the money to be put into local shops instead. Kate Hemingway reports.

Pictures: Sleaford development

Plans for Sleaford

North Kesteven District Council says confirmation of plans to build a large superstore in Sleaford, will help it secure £100 million worth of investment and up to a thousand jobs.

Tesco's confirmed it is planning to build a large store on land near to the town centre.

The proposal forms part of wider regeneration efforts to redevelop 'the Maltings' - which is Europe's largest at risk heritage site - and already has planning permission and funding for 204 apartments, 24 houses - as well as restaurants and shops.

Where the Maltings development will be

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"Sleaford is somewhere to do business"

North Kesteven District Council Chief Executive Ian Fytche

North Kesteven District Council Chief Executive Ian Fytche said: “Tesco’s welcome reaffirmation of its commitment to Sleaford could not come at a better time.

“Given the wider economic situation and global financial uncertainty, Tesco has understandably thought long and hard about all of its investments and remains focussedon its vision for Sleaford.

"Such a strong expression of investor confidence sends a strong message that Sleaford is somewhere to do business and gives us a boost is pushing forward with our broader regeneration vision.”