PROPERTY
The new scheme brings more quality office, warehousing and logistics space to North Derbyshire
First phase of D2N2-backed logistics development launched
The first phase of a 1.4 million sq. ft warehouse and logistics development at Markham Vale, in north Derbyshire, has been launched. The high-profile Horizon29
scheme, located between Sheffield and Nottingham at the former Coalite works just off junction 29a of the M1, is being developed in two phases and is targeted at occupiers looking to take advantage of the first-class location and labour supply. Developers have completed
extensive ground works and infrastructure upgrades on this strategic brownfield site and are shortly to start works to improve the local highway network and service upgrades to enable the delivery of development plots in early 2021. The first phase of Horizon29 was recently granted detailed planning
The units will sit in a prime
logistics environment just minutes from the M1 motorway, making it one of the UK’s most prominent new industrial and logistics parks. Sajeeda Rose, Chief Executive of
the D2N2 Local Enterprise Partnership, which is part-funding the project, said: “I’m pleased to see the first phase of the Horizon29 development progressing well. “As thoughts turn to how our
A bird's eye view of the new Markham Vale development
‘Projects like Horizon29 will be key in supporting our regional economy recovering’
consent for 824,000 sq. ft in five units ranging from 73,000 sq. ft to 310,000 sq. ft. Planning applications are
pending on a second phase of 574,000 sq. ft in three units
ranging from 113,000 sq. ft to 250,000 sq. ft. The project will meet the very
best standards expected by occupiers, with bespoke buildings built to meet specific requirements.
region recovers from the ongoing coronavirus pandemic, projects like Horizon29 will be key in supporting our regional economy recovering and creating jobs for our people and communities.” Developers St Francis Group and
iSec are working on the scheme as a joint venture, to bring it to fruition. They are working closely with North East Derbyshire District Council, Bolsover District Council, Derbyshire County Council.
Deal completed for office development
Planning permission has been gained for a major office development at Pioneer Park, in Leicester. The offices will be situated in Dock II of Pioneer
Park, comprising a 26,400 sq. ft. building designed as a hub for businesses in the science and technology sectors. Construction of the scheme was due to begin in
May 2020 and will complete in early 2021. It is being created by Brackley Property
Developments Ltd for Leicester City Council. Chamber member Shakespeare Martineau advised on all legal aspects of the deal, including the
development and funding agreements with the Council. Partner and real estate specialist Peter Dilks said:
“Regeneration is a vital part of any city, and Pioneer Park will give Leicester City Council a modern new building to enable more high-tech SMEs to locate to this innovative technology park. “Brackley Property Developments is a highly
knowledgeable business and it has been great to work with it on yet another high-quality development opportunity. We look forward to assisting as the Dock II scheme progresses.”
The offices will be situated at Pioneer Park
business network June/July 2020 67
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