With strong interest in the ground floor units at Elder Way, Jomast has announced that it has increased the number of available units from seven to eight.

Mark Hill, Commercial Property Director at Jomast explained; “The forthcoming innovation centre at Holywell Cross car park in addition to the new Premier Inn Hotel and Saltergate car park are all positive factors for prospective tenants at Elder Way. Together they are helping drive interest both locally and from further afield in the units. In response to market demand we have increased the number of ground floor units from seven to eight and we are in advanced discussions with a number of tenants for the units.”

The proposed leisure quarter at Elder Way embraces the ‘experience economy’ that has been hailed as the future for the UK’s town centres with outlets like gyms, golf ranges, art galleries, market stalls and places to eat and drink all being part of the experience.

It is an approach, combined with having a mix of chain and independent retailers on its high street, that Chesterfield has long adopted and why it is consistently ranked as a top town for having low shop vacancy levels.

Chesterfield has a vacancy rate of just 7.63 per cent compared to a national average of 12.2 per cent.

In addition to the 92-bed Premier Inn which opened on the upper two floors of Elder Way last year, the building now has plans for a gym in the basement and eight food and drink outlets at street level.

This experiential mix of businesses, combined with Chesterfield’s regular events, open air market and chain and independent retailers, is on trend and key to driving increased footfall to the town centre; and Chesterfield is getting it right according to the government’s High Streets Task Force.

Chesterfield’s 816-year old market town heritage is helping define its future. The market remains an important part of Chesterfield and it has evolved in recent years to deliver the immersive experience which is demanded by today’s visitors.

Alongside its regular market on Monday, Wednesday and Friday, Chesterfield hosts popular Flea, Artisan and Vegan Knights markets and popular events like Motor Fest, the 1940s and Medieval markets, along with the Chesterfield Food and Grooves Festival, to name but a few.

These events are helping attract footfall to the town centre and ensuring that Chesterfield not only survives but thrives. It’s an approach endorsed by industry experts.

In a Panorama documentary on the UK’s High Streets, Professor Cathy Parke, co-chair of the Institute of Place Management (IPM) and who helps lead the High Streets Task Force, said: “Retail has only ever been a part of the functions of a town and city. In the 1980s and 90s, we got a little bit fixated on retail and we just thought that the whole town and the whole city was all about retail.”

To survive and thrive, High Streets need to adapt. But before they do, according to Professor Parker, “places need to understand their function and the things that draw people into the town centres”.

To reinvigorate them, we need what you might call a Mars bar approach; building town centres which aren’t just about buying stuff, but places you can “work, rest and play”.

Elder Way provides the ultimate ‘work, rest and play’ venue which has been reflected in the strong interest shown in the units and led to Jomast revising upwards the number of available units at street level.

Mark added: “There has been considerable interest from businesses in Elder Way since we acquired the former Co-op department store building and converted it into leisure space. From the outset our vision for Elder Way was to transform it into a new food and drink quarter for the town and it is a vision which people are buying into.”

The iconic Elder Way building has been sympathetically developed into eight fully accessible, modern street level units. With glazed frontages and external seating, available units range in size from 1,420 sq ft to 4,219 sq ft. Each unit can be made bespoke and fitted out to your own individual requirements.

If you want to be part of Chesterfield’s thriving town centre, get in touch with our team now to discover what Elder Way can offer you.

For more details about the forthcoming available units and business space at Elder Way, please contact Jomast Developments on 01642 666942.

Talgo UK and Chesterfield Borough Council today (28th January) took another step forward towards bringing advanced rail skills and technology to the town.

Talgo is a leading specialized rolling stock engineering company mainly focused on designing, manufacturing and servicing technologically differentiated, fast, lightweight trains, with a presence in 44 countries.

Talgo UK recently established a Head Office in Chesterfield, and confirmed ambitions to develop an ‘Innovation Centre’, co-located with Barrow Hill Roundhouse.

The company has ambitions for the UK that include not only Chesterfield, but also a major manufacturing plant at Longannet, in Scotland. The two sites will work together to ensure that the expertise and knowledge needed to build and export ‘state of the art’ trains will be embedded in the UK.

Talgo UK has a philosophy of ‘true manufacturing’. Instead of assembling kits from overseas, the company intends to reinvigorate the UK supply-chain, and source from it wherever possible.  This approach upskills workers, protects jobs, and keeps more money in the local and national economies of the UK.

Now those ambitions are becoming a reality, with an anticipated ‘framework agreement’ between Chesterfield Borough Council and Talgo UK, and the delivery of a very-high-speed rail vehicle to the site, for training and education purposes.

Perhaps more Tangible to the casual observer, is the delivery of one of Talgo’s 250kph coaches, which comes with Talgo’s world-beating and unique ‘Rodal’ technology installed. The coach was today gifted to Chesterfield Borough Council.

Talgo is bringing its technology to the UK, as part of a programme to explain new technologies, to transfer knowledge to the UK and to boost UK domestic capacity for Research and Development. Chesterfield will play a key part in the process, coordinating efforts across the UK.

Carlos de Palacio, President of Talgo, said: “I am delighted to deliver a high-speed present from Spain today. This is part of Talgo’s plan to generate better understanding of Talgo’s technologies that are being used around the world, but which have so far eluded the UK.”

He added “I hope that it is not long before we see the next generation of Talgo’s products built in the UK, with technical knowledge and innovation being provided by a team headquartered in Chesterfield, and drawing on the knowledge and expertise of the whole UK’”

Councillor Tricia Gilby, Leader of Chesterfield Borough Council, said: “I am extremely pleased that Talgo remains committed to Chesterfield and shares our ambitions to maximise the opportunities presented by unprecedented growth in the rail sector and transformational infrastructure projects, including HS2.

I am delighted to announce that in February Chesterfield Borough Council expects to enter into a framework agreement with Talgo UK.

The agreement will recognise the recent establishment of Talgo UK’s Headquarters here at Barrow Hill and will set out the milestones for the delivery of an Innovation Centre from where Talgo will develop its ‘all Britain Strategy”.

Talgo’s proposals for the Innovation Centre follow a major piece of collaborative work, involving key partners including Barrow Hill Engine Shed Society, Chesterfield College, The University of Derby, Newcastle University’s NewRail and Midlands Rail Forum.

The partnership has commissioning Focus Consultants and Maber Architects to progress a feasibility and RIBA stage 2 design study, bringing closer the ambition of DRIIVe (Derbyshire Rail Industry Innovation Vehicle).  DRIIVe encompasses a modern rail innovation and training centre that will deliver over 3400sqm of floorspace, 190 jobs and a complete pathway of rail provision from level 2 through to level 7 for 1800 learners over 10 years.