AEPG (Asset Earning Power Group) is delighted to confirm it will be submitting an Outline Planning application for a significant leisure development, alongside new homes, open space sports pitches, a school and other facilities.
It follows the recent public consultation, for which AEPG would like to express thanks to all those who participated.
All events between now and July 1 will run as normal, to be followed by the pausing of the arena for events in the medium term. As previously confirmed, the Peterborough Panthers speedway team can continue to race on-site through the 2023 season.
It is expected the leisure site – to be known as Cultura – will become a regional destination focusing on health and wellness for people of all ages. Proposals include a golf driving range, a health and fitness centre, hotel, adventure golf, sports pitching, family entertainment centre and enhanced Arena. The development is forecast to create an additional 500 new jobs.
Alistair Beattie, Interim Chief Executive Officer of the East of England Agricultural Association, said:
“We are hugely excited about the Cultura leisure development, especially as the outline planning application draws on the positive feedback AEPG has received through the public consultation.
“Cultura will transform a portion of the East of England Showground into a vibrant leisure hub, providing people in Peterborough and beyond with a place to socialise, rest and play, with friends and family.
“And the benefits are two-fold, as it strengthens the long-term future of the East of England Society, allowing it to achieve its aims of promoting agriculture, education and rural life across the region for generations to come.”
The news represents the next step in AEPG’s continued dedication to the regeneration of
Peterborough as a sustainable, enjoyable place to live, study and work.
The vision for the site remains one of a connected, holistic environment suitable for all ages and embraces the spirit of multi-generational active leisure – something fresh for a city which boasts such rich heritage and cultural diversity.
For more information go to www.aepguk.com, email [email protected]