New road to bring more jobs to Markham Vale
Work has started on a new link road to the M1 motorway paving the way to potentially create more than 2,500 new jobs at Derbyshire County Council’s flagship regeneration site, Markham Vale.
The new Seymour Link Road will join up plots of land on the north side of the Markham Vale Enterprise Zone through Erin Road to Junction 29a of the M1 motorway and will open up more space for businesses to move to the site.
The jobs figures are an estimate based on the size of the development plots available and the county council has already received a number of enquiries from a range of businesses interested in the site.
Leader and Cabinet Member for Strategic Policy, Economic Development and Budget, Councillor Anne Western said:
“This is a great start to the New Year for Markham Vale.
“Seymour Link Road will open up opportunities for more businesses to move to the site and has the potential to create more than 2,500 new jobs for local people and boost the Derbyshire economy.
“We’re also currently negotiating with Government on a devolution deal with the hope that this will give us more money to invest in major projects such as Markham Vale, develop skills and boost employment.
“We look forward to welcoming even more new businesses to the site this year including Great Bear Distribution which is set to open in October and create up to 400 new jobs.”
Derbyshire County Council is providing £1.26m towards the new £7.56m link road in partnership with the D2N2 Local Enterprise Partnership (LEP) − promoting economic growth in Derby, Derbyshire, Nottingham and Nottinghamshire − investing £2.52m, and the Sheffield City Region Local Enterprise Partnership, £3.78m.
D2N2 LEP’s Chief Executive, David Ralph, said:
“Developing Enterprise Zone sites is key to our economic ambitions and at the heart of D2N2’s Strategic Economic Plan, with its overarching ambition to create 55,000 new private sector jobs in key industries, over ten years.
“To that end we are not only investing in Markham Vale, which will benefit hugely from the Seymour Link Road to the M1, but also the Nottingham and Derby Enterprise Zone sites.”
Leader of Chesterfield Borough Council and Vice Chair of the Sheffield City Region Combined Authority, Councillor John Burrows, said:
“The Enterprise Zone at Markham Vale is going from strength-to-strength − anyone travelling on the M1 can see that this is a hotbed of investment activity that gets busier every month.
“This new link road will open up more land to the growing numbers of businesses that want to be part of our successful Enterprise Zone.”
The link road at Markham Vale is due to be completed in October this year.
