Property developer HBD will bring forward a further four buildings at Markham Vale as planning permission is approved for an additional 107,250 sq. ft.
The award-winning industrial and logistics scheme will see another six acres developed to deliver the new units, with the potential to create a further 150 jobs at the site.
Sustainability will be a key focus for each of the new buildings, which will be designed to achieve BREEAM “Excellent” and will be available on either a freehold or a leasehold basis.
Richard Hinds, Senior Development Manager at HBD, said: “Markham Vale is one of the region’s most successful destinations for industrial, logistics and warehousing space so it’s great to be able to expand the scheme to meet demand for well-located Grade A space.
“The decision to approve a further 107,000 sq. ft. is testament to the longstanding partnership between HBD and Derbyshire County Council and our commitment to continuing to progress crucial regeneration schemes like Markham Vale when the economic outlook is more challenging. We are currently in discussion with several occupiers looking for bespoke design and build units and expect work to start on site in the second half of the year.”
Derbyshire County Council’s Cabinet Member for Clean Growth and Regeneration, Councillor Tony King, said: “This marks the beginning of another exciting chapter for Markham Vale which continues to prosper despite the difficulties of the current financial climate. We look forward to welcoming more businesses bringing more jobs in the future.”
Markham Vale is a 200-acre joint venture scheme between property developer HBD and Derbyshire County Council. It is one of the region’s flagship industrial schemes, attracting new businesses and creating a total of 2,702 new jobs to date.
Just 11 acres now remain for development, accommodating a further 190,000 sq. ft.