Work is under way on the next stage of a development that is said to be worth £100m to the local economy.

A new one kilometre spine road on the Lindhurst Development in Mansfield is expected to be completed by March. It will link the site — where 400 of the first 500 planned homes have been built as part of phase one -— with the Adamsway roundabout on the A6117.

Work for phase three, which will open up land for a hotel, roadside facilities and more than 600 new homes, is expected to start next year.

Wider plans for the new community include shops, a health centre, care homes, green spaces and a primary school and nursery as well as 1,700 properties, including 170 affordable homes, built on 480 acres of land part-owned by Nottinghamshire County Council.

The development will also boast 31,000 m2 commercial space and bus links and green routes will also be created to support as many as 4,000 new jobs.

The development is being delivered by the Lindhurst Group, a partnership between Nottinghamshire County Council, Westerman Homes and Lindhurst Jersey Ltd.

Nottinghamshire County Council leader Coun Ben Bradley MP, who was among representatives of the development’s partners who gathered at the site to mark work starting on the key road, said: “This is a huge milestone as this new road will open up the site to help create a fantastic new place to live, including affordable home options. It will bring thousands of skilled jobs to the area and lucrative contracts for the local supply chain.

“Once completed, this is due to generate a staggering £100m a year for the local economy, all part of our ambitious regeneration plans for Mansfield and the rest of the county, especially as we look to build back from the pandemic.

“Investing in our infrastructure and creating opportunities for future generations is key to boosting Nottinghamshire and the rest of the region’s economy. We want to remain a key player in the levelling up agenda.

“One positive we can take from the pandemic is that it has highlighted how important our homes and local areas are to us all, so this new community has been designed with this in mind.

“A new school and nursery will be on the doorstep for families, as well as a community park and other green spaces. It will be a real asset and one which the town can be proud of.”

The second phase has been made possible by a £3m grant from the D2N2 Local Enterprise Partnership (LEP), whose chair, Elizabeth Fagan, said: “Through the Getting Building Fund, D2N2 is investing in projects that will drive the regeneration of our regional economy.

“This development will be key to shaping the future of Mansfield. It has the needs of the local community at its core, delivering homes and new jobs to improve the prospects for the whole area.”

The road building work is being carried out by Balfour Beatty and overseen by Arc Partnership.