YES! Project gets go-ahead

THE company behind Europe's biggest covered leisure and entertainments centre said the project had taken a big step forward after being given the go-ahead by planners.

Rotherham Borough Council agreed to grant planning consent for the YES! Project, which is set to be built between Rotherham and Sheffield at a cost of 350m by Oak Holdings.

It will refer the recommendation for approval to the Local Government Office in accordance with statutory requirements.

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Plans for the development include an "extreme sports complex" with climbing wall, three hotels, a conference centre, a shopping mall, a "brewery experience", a range of restaurants and an outdoor golf driving range.

The centre would also include the first Sony "multimedia experience" in the country, which is described as a "multi-themed attraction which focuses on media products."

In addition, new public transport facilities would be built, including a railway station.

Oak Holdings was first given planning permission for the 327-acre project in early 2007.

It submitted an application to extend planning permission.

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The site covers 327 acres and is located adjacent to the Rother Valley Country Park.

Oak Holdings asked shareholders to raise 1.5m in a share placing last October, which led it to to acquire Hampshire attraction Ringwood Town & Country Experience, a museum and heritage centre.

It acquired Rother Valley Country Park, a 1,000 acre country park with four major lakes, in 2009

The company also announced today that Graham Axford has resigned as a non-executive director with immediate effect.