Investment News | 15 November 2022
Plans submitted for Markham Vale expansion
Plans have been submitted to further expand Markham Vale with new buildings totalling over 100,000 sq ft.
The development plans for Plot 6 of the site, near Chesterfield, will see the construction of four new industrial and warehouse units, alongside dedicated parking, electric vehicle charging bays and space for bicycles.
Markham Vale is a 200-acre joint venture development between property developer HBD and Derbyshire County Council.
Richard Hinds, development surveyor at HBD, said: “It is great to get plans underway for this next stage of development at Markham Vale.
“It’s a very successful industrial and logistics location, which means demand has remained high for new space.
“Our robust financial backing and our strong track record for delivery means that we are able to continue progressing new schemes throughout the more challenging periods for the economy, injecting much-needed Grade A space into the market.”
Councillor Tony King, the county council’s cabinet member for clean growth and regeneration, said: “Plans for four new buildings at Markham Vale is a strong signal from our property partners, HBD that the site will continue to attract a wide range of businesses.
“Markham Vale plays a key role in helping to deliver on our commitment to building a strong, diverse, and green economy by creating jobs for local people and attracting local, national, and international businesses.
“We look forward to seeing the plans progress and welcoming more businesses to the site in the future.”