LONDON-Rotherham council has won a landmark ruling in the EU that will allow it go ahead with a £65 million ($108 million) regeneration project.

The decision gives Rotherham the right to use land sales receipts and European Regional Development Fund grants to complete a major project in the Dearne Valley Enterprise Zone.

Billions of pounds worth of regeneration projects across the country have stalled because of a clarification in the rules governing what EU grants can cover. The latest ruling will also come as welcome news to some councils across the country desperate to push ahead with regeneration projects but struggling to find the capital to pump prime them.

The Dearne Valley development covers 83 acres of commercial development and 120 acres of public open space in Wath Manvers.

Work on the scheme was halted in 1998 because of a contractual dispute between the council, the contractor and the site leaseholder over which party was liable for carrying out some operations on site.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper


GlobeSt Net Lease Spring 2024Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.