The 300-acre PEAK Resort site has exceeded the nature recovery targets in support of its revised, post-pandemic first phase.

On-going surveys of the Birchall Estate show a spectacular recovery in biodiversity in areas outside of the principle permitted development areas. A mixture of passive re-wilding, and limited land management in the principle permitted development areas have achieved this. The increased biodiversity balance across the whole estate is already well beyond what will be the mandatory target of a 10% Net Gain set by the Environment Act 2021.

Once PEAK Resort is fully implemented, approximately 70% of the estate ownership will be given over to a nature reserve, equivalent to an area of 1.4 times the size of the National Arboretum.

The first phase of PEAK is proposed on 10% of the Estate and will generate 1,000 jobs. Further details of this development will be published this summer.

Achieving a balance between nature’s needs and people’s wants is at the core of the PEAK’s Regenerative Enterprise manifesto.

From the Middle Ages areas within the Birchall Estate were continuously exploited for quarrying, coal mining, opencast, timber extraction, munitions testing, and building demolition landfill.

The current landowners acquired an interest in the Birchall Estate in the late 1980’s over 35 years ago when large areas of the Estate were ecologically barren following extensive open-cast activity.

They saw an opportunity to regenerate the Estate as a place where both people and nature could flourish.

Over two miles of new public access greenways and woodland trails, adopted as Public Rights of Way, have already been created on the Estate. These include a spectacular river walk and areas of native mixed species hedgerows full of bird song.

The landowners have entered into a joint venture with Milligan, a mixed-use real estate and destination developer for the first phase regeneration programme.

John Milligan, Executive Chairman of Milligan said “It was fundamental to our involvement that the land itself supported a continuity of purpose. The Gateway at PEAK will be a world-class tourist and leisure destination, achieving a balance between the interests of nature and people are critical to its success. Birchall have got this off to a cracking start with the achievements in biodiversity gains to date”.

Cllr Tricia Gilby, Leader of Chesterfield Borough Council said “It is fantastic to see formerly open cast land being regenerated for a purpose which balances both human and natural interests. The council is fully behind this regenerative enterprise which is entirely consistent with our climate change and economic growth ambitions.”

The Landowner, Birchall Properties said, “Good news to be getting underway again in the wake of so many challenges – the banking crisis, BREXIT, and COVID have not been able to distract us from our mission – onwards!”

If you would like to know more or visit the Estate at the end of the current ecology season please visit https://www.peakliaison.co.uk/

Peak is one of over £2 billion of regeneration projects in progress or planned in Chesterfield find out more about some of the developments here and discover why Chesterfield is the perfect place to invest.

Birchall Properties supports the marketing and economic growth of the town through Chesterfield Champions, a network of over 200 organisations across Chesterfield and North Derbyshire.

A 102,515 sq ft industrial and distribution facility at Markham Vale, the popular 200-acre prime industrial park in Chesterfield has become available.

Commercial property agents Knight Frank and CPP have been appointed to secure a new occupier for the unit, which is partially racked and has a multi-tier mezzanine floor in situ fronting directly onto the M1 motorway at Junction 29a.

Rebecca Schofield, partner at Knight Frank and head of the Yorkshire industrial team, said: “Given the strategic location immediately adjacent to Junction 29a, the site is easily accessible to the South Yorkshire and East Midlands regions, with direct connectivity to the M1 and subsequently the M18, A38 and further afield.

“It is directly visible from the M1 at J29a and is ready for immediate occupation having the benefit of extensive fit out, being partly racked which could be further extended and a multi-tier mezzanine arranged over three levels which can be removed if not required. The premises also have heating and lighting throughout, office accommodation and canteen area.

“Given the shortage of such sized units in the region, we expect good interest.”

Availability of units 50,000 sq ft plus across South Yorkshire and NE Derbyshire region has declined by 12% on an annual basis, to stand at 1.2 million sq ft at end-September 2022 (units over 50,000 sq ft). This brought the vacancy rate for the region down to 2.1%, from 2.5% in Q3 2021.

Stuart Waite, Director in CPP’s Nottingham office, added: “The occupational market continues to perform well, with robust tenant demand set against an extremely limited supply of good quality, modern warehousing stock. We are already experiencing good levels of interest in the building due to its strong fundamentals.”

The unit, which features 98,222 sq ft of warehouse space and 4,100 sq ft of office space, forms part of Markham Vale, a 200 acre prime industrial and distribution park and is finished to a high specification.

Markham Vale has proved a huge success with current occupiers such as Great Bear, Smurfitt Kappa, Ferdinand Bilsteen, Gist, Meter Provida, Daher Aerospace and Holdsworth Food.

For further information contact Rebecca Schofield or Harry Orwin-Allen at Knight Frank on 0114 272 9750 or Stuart Waite at CPP on 0114 273 8857.