Markham Vale is set for further expansion, with detailed plans submitted for four buildings totaling 107,250 sq. ft. of industrial and warehousing space.
Markham Vale is a 200-acre joint venture development between property developer HBD and Derbyshire County Council. It is one of the region’s flagship industrial schemes, attracting new businesses and creating thousands of new jobs.
The development plans for Plot 6 will see the construction of four new units targeting BREEAM ‘Excellent’ standards alongside dedicated parking, electric vehicle charging bays and space for bicycles.
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.”
Derbyshire County Council’s Cabinet Member for Clean Growth and Regeneration Councillor Tony King 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.”
HBD recently instructed M1 Agency as joint agent alongside JLL for the delivery of the remainder of Markham Vale; 18 acres of serviced development land with the potential to deliver circa 250,000 sq. ft. of additional employment space for growing businesses.