Chesterfield investment summit

Summit celebrates collaborative approach to turbocharge Chesterfield’s business growth

Business leaders have outlined details on how Chesterfield’s collaborative approach towards regeneration is creating a perfect environment for business growth.

The Chesterfield Investment Summit took place on Wednesday 6 November 2024 at Casa Hotel, providing an extensive update on various projects that will dramatically increase jobs and prosperity across the borough’s communities.

Destination Chesterfield organised the event, which was supported by Markham Vale, We Are Spaces, and East Midlands Chamber. The summit showcased a range of transformative projects taking place across the Borough, many of which have been made possible thanks to collaborative partnerships created across the public and private sectors.

Delegates heard an update from the East Midlands Combined County Authority (EMCCA) on the East Midlands Investment Zone, which is set to bring hundreds of high-quality jobs in advanced manufacturing and green industries to the former Staveley Chemical Works site and former Hartington Colliery site.

Speaking at the summit, Cllr Nadine Peatfield, Deputy Mayor of the East Midlands, commented: “The East Midlands Investment Zone is a gamechanger for our region. Under the leadership of Mayor Claire Ward, EMCCA will help create 4,300 jobs and leverage £383m of private investment.

“Investing in the right places at the right times is going to be crucial to deliver the change needed to make this region the best place in the country to live, work and learn.”

Huw Bowen, Chief Executive Officer at Chesterfield Borough Council provided delegates with an extensive update on the town’s wide range of current and future regeneration projects.

These include the Revitalising the Heart of Chesterfield scheme, in which contractors are currently on-site carrying out transformations of the town’s famous marketplace and the historic Stephenson Memorial Hall Building.

Dr Huw Bowen Speaking at the 2024 Chesterfield Investment Summit

A further £20m is also expected to be made available to the Chesterfield Town Board as part of the government’s long-term plan for towns, with details of further development in the town centre to be revealed in the future.

In addition, the summit was updated on the progress being made on development in Staveley. Chair of the Staveley Town Deal project, Ivan Fomin said: “Developments are now underway with a £6 million project to improve Staveley Marketplace, ensuring it is a great facility for people living, visiting and working in the area. On top of that, the £4.41 million Staveley Waterside building is being constructed at the canal basin, complementing the wider restoration of the Chesterfield Canal.”

Ivan Fomin, Chair of the Staveley Town Deal Project

Other speakers included Ojay McDonald, CEO of Association of Town and City Management, Amy Revell, Director at We Are Spaces, Scott Knowles, Chief Executive of East Midlands Chamber, Peter Storey Head of Markham Employment Growth Zone at Derbyshire County Council and David Wells, Director of HBD. Collectively, they called on delegates to continue building on recent momentum, by continuing to work in partnership across sectors to maximise the town’s potential.

Cllr Tricia Gilby, Leader of Chesterfield Borough Council and Vice-Chair of Destination Chesterfield, said: “Bringing forward investment is a collaborative approach and Chesterfield Borough Council and Destination Chesterfield have a successful track record of working with partners to achieve our economic plans.

Cllr Tricia Gilby, Leader of Chesterfield Borough Council

“We look forward to both starting and continuing relationships to bring future growth. Whatever we achieve together, one thing is absolutely clear, all of our communities must share in the benefits of Chesterfield’s regeneration.”

To find out more about why Chesterfield is an ideal location to base your business, go to: https://www.chesterfield.co.uk/business/invest-in-chesterfield/

Posted in About Chesterfield, Business, Celebrate Chesterfield, Destination Chesterfield, Development, Featured, Home, Property and Construction, UncategorisedTagged in , , , , ,

Summit to spotlight ‘once-in-a-generation’ transformations of Chesterfield high streets

Business owners are invited to explore how Chesterfield’s ongoing regeneration is set to unlock significant investment opportunities in the coming years. 

The Chesterfield Investment Summit will take place on Wednesday, 6 November 2024, at Casa Hotel, offering an extensive update on various projects that will dramatically modernise and revitalise the town’s high streets. 

East Midlands Combined County Authority, will address the summit, sharing their vision and priorities for driving investment in Chesterfield and the broader region. 

Mayor Claire commented: “The regeneration of Chesterfield’s high streets is a key milestone in the broader strategy to breathe new life into our towns across the East Midlands. By modernising and enhancing these vital spaces, we are not only improving the everyday experience for residents and businesses, but also attracting significant investment that will create new jobs and opportunities.” 

Organised by Destination Chesterfield and supported by We Are Spaces, East Midlands Chamber and Markham Vale, the event will showcase transformative works in Chesterfield Town Centre. Dr Huw Bowen, Chief Executive Officer at Chesterfield Borough Council, will provide updates on several key initiatives, including Revitalising the Heart of Chesterfield. The project promises over £10 million in enhancements aimed at improving the town centre’s appearance, functionality, and flow. 

New layout for Chesterfield Market with contemporary stalls, heritage colours, Market Hall in the background, town pump a feature

Ojay McDonald, Chief Executive of the Association of Town & City Management, will discuss the evolving role of high streets and the need for adaptation to future demands. 

Attendees will also hear from Amy Revell, Co-Founder of We Are Spaces. Amy’s company is currently carrying out the extensive refurbishment of a Grade II listed building in Chesterfield’s retail core.  

She will be joined by Ivan Fomin, Chair of the Staveley Town Deal Board, who will provide insights into the £6 million regeneration and revitalisation efforts underway in Staveley’s town centre. 

Cllr Tricia Gilby, Leader of Chesterfield Borough Council and Vice-Chair of Destination Chesterfield, added: “The Investment Summit is a fantastic opportunity to spread the word about all the incredible things happening in Chesterfield. With the multi-million pound regeneration projects currently underway in Chesterfield and about to begin in Staveley, this is the time to look ahead to the future of high streets and talk about how the interventions we are making will help ensure they can continue to thrive and provide a full range of leisure, retail and cultural experiences.  

“I look forward to welcoming local businesses and investors to the summit and discussing with them how they can play a key role in Chesterfield’s future.”  

To see the full event details and secure a place at the Chesterfield Investment Summit, please book online at: https://www.chesterfield.co.uk/business/investment-summit/

Dr Huw Bowen speaking at 2024 Chesterfield Investment Summit

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Why Chesterfield, Why Now? – Property and Construction firms highlight town’s investment prospects

Chesterfield, with its rich history and vibrant community, is not just a picturesque town with its unique Crooked Spire, but also a thriving hub undergoing a series of multi-million-pound regeneration projects.

Thanks to its strategic location in the centre of England alongside the M1 corridor with proximity to several major cities, Chesterfield has the ingredients that make it an enticing prospect for investors seeking growth and potential.

But don’t just take it from us, take it from the businesses which have invested here and call our town their home!

To coincide with the annual Chesterfield Investment Summit, we asked businesses in the town’s Property and Construction Group a simple question – Why Chesterfield, Why Now?

We think the responses below speak for themselves!

‘Tremendous support’

emily smith, holywell hotel by Voeberg

Emily Smith, Property Developer behind the highly anticipated Holywell Hotel by Voeberg said: “Chesterfield caught our attention initially due to its strategic location along the M1 and the opportunities for restoring and converting properties.

“The Council and local services have shown us tremendous support for our projects, which makes it an exciting place to be investing. Chesterfield’s unique local charm and welcoming community make it an ideal place to create something new to meet a growing market demand.

“It’s a town where you feel the warmth of support, and investing here has been a truly positive experience.”

‘Experienced workforce’

roy peters estates

Roy Peters Estates have been active in Chesterfield since the early 1970s and have seen many changes in our Market Town during the last 50 years. The company offers a locally focused letting and management service.

Emma Gallagher, Director, Office Manager and Head of Commercial Operations has seen a marked increase in quality retail and office instructions over the last six months.

She said: “Chesterfield is centrally located and remains a busy market town with a good retail offering and access to an experienced workforce.”

‘Thriving business landscape’

FI Real Estate Management is the company behind the recent £2 million refurbishment at The HQ in Chesterfield.

Tim Knowles, founder and Managing Director of FI Real Estate Management (FIREM), commented: “We have seen first hand the positive impact that our investment has had on Chesterfield.

“We’re passionate about putting Chesterfield on the map as a great place to work, improving its offering in line with nearby cities and enriching the lives of the local business community.

“Further investment is vital to ensuring the town continues to grow and develop in line with neighbouring cities, such as Sheffield and Nottingham, making Chesterfield a thriving business landscape for all.”

‘Excellent location’

Richard Hinds, hbd

HBD’s successful Markham Vale scheme continues to be developed alongside Derbyshire County Council. The project, off J29a of the M1 has ensured new premises for dozens of businesses and thousands of jobs for local people.

Richard Hinds, Senior Development Manager at HBD, said: “Chesterfield is an excellent place to do business, demonstrated by the huge success of our Markham Vale scheme. The development is now home to more than 78 businesses and has created over 2,700 new jobs.

“Chesterfield not only benefits from an excellent location at the heart of the UK transport network, but offers a strong local labour market, supporting companies as they continue to grow.

“HBD is pleased to invest in Chesterfield and look forward to progressing the expansion of Markham Vale, providing more high-quality industrial and logistics space to meet occupier demand.”

‘Extremely welcoming’

Phil Dalton Roofing

Dalton Roofing provides residential and industrial roofing solutions to people and businesses across the area.

Speaking about locating his business in the town, Philip Dalton, Owner of Dalton Roofing said: “I moved my business to Chesterfield in 2018, after running my business from Sheffield for 28 years, as you can imagine, this was a big change for me.

“Not only did I move my business, but I also moved my family to live in Chesterfield and I can honestly say I have never looked back.

“The location is fabulous, being close to the M1 and the Peak district, we feel central to all the areas that we cover.  The business community are extremely welcoming and offer great business support.  Chesterfield is up and coming and full of future potential.”

‘Training for tomorrow’s workforce’

Lime Living Jamie Wajs

Lime Living is an estate agency which recently expanded into new premises at The Glassyard.

Jamie Wajs, owner of Lime Living commented: “Our town is the ideal location, with it being very placed for excellent access to the M1 network, direct train links to London and other nearby major cities.

“We also have Chesterfield College and the University of Derby Campus providing education and training for tomorrow’s workforce. Not only is our town able to train and retain a business’s workforce through exceptional facilities and resources, but it can attract employees too, through the welcoming community living our town offers.

“For me, it is a no brainer for businesses to invest in our town! There is an excellent access to a wide range of local support networks and we also have a wide variety of commercial property. This ranges from land & new build, warehouses & industrial, business parks to Grade A offices, meaning our town provides excellent opportunity, whether it be a new start up, expansion, relocation or modern hybrid working hubs.”

‘A refreshing level of cohesiveness’

Investment Chesterfield Harworth Group

Harworth Group has acquired a 133-acre stalled brownfield site in Staveley, and is now bringing forward exciting plans to deliver 600 new homes, extensive green space and other amenities.

Joanne Neville, Head of Regional Planning at Harworth commented: “We have found all local partners to be engaging and responsive as we work with adjacent landowners to develop this important site.

“We have seen a real commitment from all local partners to promote the economic growth of the town, for example in the development of the Chesterfield & Staveley Regeneration Route, demonstrating a refreshing level of cohesiveness between the public and private sector. Chesterfield is definitely open for business.”

‘Great proximity to major road networks’

Chesterfield Champions - Jason Evans Mascot Management

Mascot Management has worked on several projects in Chesterfield recently, including The Glassyard and 33 new homes in Duckmanton. Jason Evans, Director at Mascot Management said: “I see the quality of life in Chesterfield as an important factor in attracting talent and investors.

Key factors like the lower cost of living, friendly residents and businesses, good access to cultural amenities, and the open countryside of the nearby Peak District make Chesterfield a great place.

“It has established industrial clusters, and business parks that benefit from being in the heart of the country with great proximity to all the major road networks, including the M1 motorway. This makes Chesterfield an attractive place for people to access, live and work”.

‘A great living environment’

Hannah Rutter Redbrik estate agents Chesterfield

Redbrik Estate Agents recently found in a study that Google searches had significantly increased showing interest in Chesterfield homes.

Hannah Rutter, Property Consultant at Redbrik commented: “The proximity to the Peaks make for a great living environment and offers ease of access to the countryside for their employees during their free time.

“Chesterfield is a fantastically efficient commuting hub for their business and staff with Sheffield, Birmingham, Manchester, Derby, Leeds and Leicester all being within a 90 minute journey. A wonderful town with a great blend of character and modern, from the Crooked Spire to Casa Hotel.”

Want to find out more about how Chesterfield can provide the perfect location for your business base? Head over to our Invest in Chesterfield page.

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Figures revealed at annual Investment Summit show new businesses are booming in Chesterfield

Official figures presented today at the Chesterfield Investment Summit show record levels of startups setting up in the Chesterfield area, alongside substantial growth in the town’s visitor economy and construction sectors. Survival rates for companies in Chesterfield far exceed the national average.

New business activity in Chesterfield, Derbyshire’s largest town, reached record levels in 2022 and is expected to grow again this year, according to figures shared today at the Chesterfield Investment Summit. Analysis of Companies House data, the official register of UK companies, shows that 1,021 startups with Chesterfield addresses were registered in 2022, 4% more than in 2021, and indicates the area is on track to create over 1,100 more businesses in 2023.

Analysis from Destination Chesterfield – the organisation responsible for promoting investment in the town – shows strong levels of new business activity in several sectors prioritised in Chesterfield Borough Council’s growth strategy, as well as encouraging signs for the town’s independent retail sector:

  • 92 new hospitality companies were launched in Chesterfield during 2022, a 10% increase on 2021 (84) and more than three times the number (29) created in 2012. Hospitality is a crucial component of Chesterfield’s growing visitor economy, which attracted 3.7 million people in 2022 (20% more than 2021), according to Chesterfield Borough Council. The visitor economy supports over 2,000 full-time jobs in Chesterfield and was worth £207 million last year.
  • 106 new professional services companies were created in Chesterfield during 2022, an increase of 29% on 2021 (82). They include 27 management consulting companies, 22 engineering advisory firms and 12 advertising and digital media specialists. Chesterfield is actively encouraging professional services firms to locate to the town to help achieve a 15% increase in higher-skill, higher-wage knowledge-based occupations for residents by 2030.
  • 99 construction startups were established in Chesterfield in 2022, 10% more than 2021 (90) and 55% higher than 2012 (64). Data from Chesterfield Borough Council shows the number of new homes built in Chesterfield has more than doubled over the last decade to reach 373 completions in the year to April 2023. Chesterfield has exceeded its new build target in each of the last four years and the council has earmarked several prime locations for new residential development as part of plans to build more than 4,000 new homes by 2035.
  • 124 retail and wholesale startups began trading in Chesterfield in 2022. Although this was down 5% on 2021 figures, it represents a 49% improvement over the last decade and is expected to grow to more than 150 in 2023. The number was driven, in part, by a threefold increase in online retail startups over the last decade. Entrepreneurs in Chesterfield launched 23 e-commerce companies in 2022 and are on track to create over 40 more during 2023.

Dr Huw Bowen, Chief Executive of Chesterfield Borough Council, said: “New business activity is booming in Chesterfield, which is seeing growth from homegrown startups and those relocating to the town from elsewhere.These outcomes are the fruits of a purposeful strategy to secure new business investment in Chesterfield and help our existing businesses to grow.”

Dr Huw Bowen - Chief Executive of Chesterfield Borough Council

“Chesterfield Borough Council is supporting, either through direct investment or public-private partnerships, a series of projects to provide high-quality commercial space for businesses. It has helped bring to market almost 300,000 square feet of modern office, industrial, manufacturing and logistics space since the start of 2022, and expects further new premises totalling more than one million square feet to become available by the middle of 2025.”

Peter Swallow, Chair of Destination Chesterfield, comments: “Chesterfield is growing thanks to its location, its supportive community, the incredible lifestyle you can enjoy here, and the investments that are being made in high-quality business space and housing. We’ve seen more interest from local and incoming entrepreneurs post-pandemic, who are creating new jobs and opportunities for the abundant talent pool Chesterfield can access, and we expect that growth to continue as the town seizes new opportunities associated with the East Midlands devolution deal over the coming years.”

peter swallow speaking at Celebrate

Official figures also show that businesses based in Chesterfield consistently enjoy significantly higher survival rates than the national average. The latest data from the Office of National Statistics show that 62% of Chesterfield companies started in 2018 were still trading after three years, compared to 54% for all of the UK. Similar figures were recorded for businesses founded in 2016 and 2017.

More than 200 delegates, including domestic and commercial property investors and business leaders from the UK, attended the Chesterfield Investment Summit today. The Summit is organised by Destination Chesterfield and sponsored by East Midlands Chamber and Turner & Townsend.

Destination Chesterfield has received £180,000 from the UK Government through the UK Shared Prosperity Fund. It follows a successful funding bid by Chesterfield Borough Council, to secure £2.69 million worth of funding for local projects.

spire drone 1

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Fully booked Chesterfield Investment Summit to showcase town’s huge potential

Destination Chesterfield’s annual Investment Summit is now fully booked, with more than 200 guests expected to attend the event at Casa Hotel on 18 October 2023.

Putting a spotlight on the town’s wide range of ongoing and future regeneration projects, the Summit – sponsored by East Midlands Chamber and Turner & Townsend – will hear from companies which have recently invested in Chesterfield business premises.

Matt Close, from leading automation and engineering firm NeoDyne is confirmed to be speaking at the event. In addition, delegates will hear from Emily Smith, the developer of Holywell Hotel by Voeberg, which will see a grade II listed building in the town centre transformed into boutique short-stay accommodation.

Both businesses will explain how the town’s location, connectivity and business support packages have assisted their growth plans.

Dr Huw Bowen, CEO of Chesterfield Borough Council, will provide an update on several of the town’s regeneration sites, highlighting the opportunities available to potential investors looking to start up or grow their businesses in the area. Huw will also provide details on the exciting work taking place to regenerate Chesterfield Town Centre and the iconic Stephenson Memorial Hall, alongside the £6 million package of improvements planned for Staveley Town Centre, as part of the Staveley Town Deal project.

On top of that, attendees will hear the latest updates on the highly anticipated visitor development, The Gateway @Peak – with Tarah Gear, Head of Marketing at Milligan presenting exciting new plans for the project.

Another topic to be discussed at this year’s event will be new housing, with developments attracting new families to live and work in the area. Gemma Smith, Managing Director of Strata Homes, will update on the company’s latest sustainable projects in the area.

The Chesterfield Investment Summit 2023 is sponsored by East Midlands Chamber and Turner & Townsend. The Chamber’s CEO, Scott Knowles and Nick Jones, Strategic Lead and Director of Project Management at Turner & Townsend will be part of a panel discussing the current economic landscape and business support available for firms in our region.

Peter Swallow, Chair of Destination Chesterfield commented: “We’re excited to be bringing you this year’s Chesterfield Investment Summit, showcasing the huge range of benefits our town has to offer to businesses and developers.

“It’s great to hear that the Casa Hotel will be packed out once again, with guests set to learn more about our superb strategic location, access to a skilled workforce, supportive business community and excellent quality of life.”

Hear more from Chesterfield investors by viewing the ‘Why Chesterfield, Why Now?’ videos, released by Destination Chesterfield as part of the town’s latest inward investment campaign.

Delegates interested in attending the Chesterfield Investment Summit are invited to join the waiting list, as spaces may become available in the run-up to the event. Those who wish to find out more about investment opportunities in Chesterfield can get in touch with the Destination Chesterfield team here.

Destination Chesterfield has received £180,000 from the UK Government through the UK Shared Prosperity Fund. It follows a successful funding bid by Chesterfield Borough Council, to secure £2.69 million worth of funding for local projects.

Huw Bowen, CEO of Chesterfield Borough Council on stage at Chesterfield Investment Summit 2022

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Investors praise Chesterfield’s location and lifestyle in new campaign

A series of short films celebrating small and medium-sized companies investing in Chesterfield during 2023 have been premiered online by Destination Chesterfield, the organisation responsible for promoting Derbyshire’s largest town as a place to invest, work, live and visit.

The Why Chesterfield, Why Now? films, which are being published and promoted across a range of online and social media channels, including YouTube and the Destination Chesterfield website, seek to inspire more businesses to locate in Chesterfield and attract investors to the Chesterfield Investment Summit, which will take place in October.

They feature four companies – ChargedEV, Rosewood Wealth Management, NeoDyne and Voeberg Hospitality – that have already created more than 100 jobs in Chesterfield and are expected to invest over £5.6 million in the town’s facilities over the next ten years.

All four business leaders featured in the films cited Chesterfield’s central location and transport connections as significant benefits of being located in the town. They also mentioned lifestyle, access to talent and a supportive investment environment as reasons to base businesses in Chesterfield.

Chesterfield will hold its eighth annual investment summit on 18 October 2023, which will outline the town’s growth strategy, detail new investment opportunities, and provide an update on development activities. More than 200 delegates, including domestic and commercial property investors and business leaders from the UK, are expected to attend the event, which is sponsored by East Midlands Chamber and Turner & Townsend.

Data shared in Chesterfield’s growth strategy, published in April 2023, show the town’s business population grew by more than a fifth (21 per cent) in the last decade and created 2,000 new jobs. Chesterfield aims to attract 400 more businesses and a further 2,000 jobs by 2030.

Matt Close, UK Business Lead at NeoDyne, an Irish industrial automation and electrical engineering company that opened its first UK office at Spire Walk in August, said: “There’s a huge benefit to be able to go and see our manufacturing customers and their processes. Getting to them easily and quickly is why we’ve opened the UK office, and Chesterfield is close to many areas that undertake manufacturing in the UK. There are good transport links from airports, public transport and the road network, a history of engineering excellence in the area, and several local universities we’re partnering with and have recruited from.”

Emily Smith, Director of Voeberg, the property investment company developing The Holywell Hotel in Chesterfield town centre, comments: “We moved from Scotland almost two years ago looking for a new investment area for our residential and commercial projects. Chesterfield was one of the first places we looked at because of the location, and it stood out because of the demand in the area. Chesterfield gave us that kind of local feeling that you don’t get in big cities and the ability to bring something new to the area. Going through this project, we’ve worked closely with the council, which has been massively supportive.”

Mark Pymm, Founder and Managing Director at ChargedEV, an electric vehicle chargepoint installation specialist which relocated to The HQ in March, comments: “We’re already one of the leading installers of EV charging points in the UK, and we expect to maintain that position. We needed new premises that allowed us to grow and scale our customer operations and office-based functions, and this building was prime for that. We chose to maintain a team in Chesterfield because of its transport links and central location, which offer easy access nationwide, and because of the diverse and talented range of people we can get here.”

Donna Robertson, Director of Rosewood Wealth Management, an independent financial advice company relocating to One Waterside Place, part of Chesterfield Waterside, comments: “Chesterfield has a great community feel, people do want to help each other out. It is exciting to be part of that and to be able to grow the business and give back to the community. It was great to get in when Chesterfield Waterside was just starting to take off, and be here from the start, knowing how amazing this development is going to be.”

Cllr Tricia Gilby, Leader of Chesterfield Borough Council and Vice-Chair of Destination Chesterfield, comments: “Entrepreneurs and SMEs are vital for economic growth and Chesterfield provides this section of the business community with everything they need to thrive. Businesses in Chesterfield enjoy a strategic location in the centre of the UK, offering access to great talent, great transport links and a great quality of life. Chesterfield is investing in the facilities and homes required to deliver sustained growth, support local startups and scaleups, and attract great people and businesses from elsewhere looking for a compelling alternative to big cities.”

Destination Chesterfield has received £180,000 from the UK Government through the UK Shared Prosperity Fund. It follows a successful funding bid by Chesterfield Borough Council, to secure £2.69 million worth of funding for local projects.

The HQ Chesterfield Charged EV

 

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Property & Construction group praises ongoing collaboration across Chesterfield

Members of Chesterfield’s Property and Construction Group have praised the ongoing collaboration between private and public sector organisations across the town, which is helping to drive forward several landmark regeneration schemes in the area.

The Chesterfield Investment Summit was delivered to packed room at the Casa Hotel on 28th September 2022. At the summit, the town’s property and construction sector and a handful Chesterfield Champions were invited to a lunch event, which enabled further networking and an opportunity to ask questions to Chesterfield Borough Council’s leader, Tricia Gilby and Chief Executive, Huw Bowen.

After the event, Cllr Tricia Gilby commented: “Chesterfield is very resilient and has consistently come out of national crises stronger than it went into them. In the last recession we established Destination Chesterfield, and this has reaped rewards. We also resolved as a council and with all our partners, to come out of the pandemic fighting and as a result a number of developments came out of the ground, including One Waterside Place and the Northern Gateway Enterprise Centre.

“Chesterfield Brough Council and our partners will now work together with inward investors to ensure the next five years are as good as, if not better, than the last five years.”

Read the full round-up of the event here: https://www.chesterfield.co.uk/2022/10/new-investment-sites-set-to-open-up-across-chesterfield/

The event left attendees impressed with the range of potential investment opportunities opening up across the town, along with optimism for the continuation of strong public/private partnership working across the sector to grow the town’s economy.

Jim Lomas, Director at DLP Planning Ltd:

“It was so pleasing to see such a large turnout for the Investment Summit. There is clearly a great deal of investor interest and enthusiasm from both within and outside the local area. Given our previous and current experience of assisting with the planning process, there is a willingness by the Council to help with business development, housing delivery and infrastructure enhancements, all of which will lead to longer term prosperity and hopefully a greener and more sustainable environment.

“Housing developers in particular are currently delivering the mix and range of property types which are meeting demand and addressing needs. It is clear that many adjoining Local Authority areas outside of Chesterfield are failing to deliver their housing needs and consequently the town is meeting not only its own local needs, but also attracting those from the wider area. The positive consequences for Chesterfield are significant, leading to greater spending power in the local economy, enhanced service provision, regeneration of urban areas and creating a vibrant community, something which can only be welcomed.”

Sarah Wills, Associate Director at Nineteen47 Ltd:

“It was great to be in the room for these discussions. I Really enjoyed hearing about priority projects and collaboration across sectors. It was lovely to hear how integral the Council see the private sector in terms of profile and delivery in the Chesterfield Borough, and we are proud to be a continued part of this conversation.”

Kriston Harvey, Director at Rodgers Leask:

“I think one of the biggest highlights would have to be the fact that following on from previous summits, where it has been great to hear about pipeline projects, we are now able to see these projects coming out of the ground and in some cases complete! Both the Enterprise Centre and One Waterside Place are fantastic examples of this and can hopefully be part of the catalyst to drive further regeneration and development.

“Having quality office space locally is clearly a benefit to the town also. This will help to retain businesses within Chesterfield and strengthen the local economy. It was also really good to hear that both the University of Derby and Chesterfield College have big plans – investing in the future generation is critical and it is great to see that there will be even more opportunities for people to stay in Chesterfield and develop new skills.”

Tony Buck, Associate Director at Oasis Studio:

“I always enjoy attending the Chesterfield Investment summit. It was great to see a full house of delegates in attendance, reflective of peoples’ interest in the future of the town. A range of engaging speakers provided a concise summary of all the present and future developments in the pipeline including good conversation around the recently completed office developments at the Waterside and Northern Gateway schemes.  Looking ahead, it appears a number of regeneration projects as part of the Staveley Masterplan are taking shape, adding the plethora of opportunity for local business like ourselves.”

Find out more about ongoing development taking place in Chesterfield at: https://www.chesterfield.co.uk/developments/

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New investment sites set to open up across Chesterfield

Chesterfield is ready to do business and willing to make sound investments to ensure the local economy achieves its growth ambitions. That was the message at the 2022 Chesterfield Investment Summit (28 September).

Speaking at the annual summit organised by Destination Chesterfield and Derbyshire Economic Partnership, Dr Huw Bowen, Chief Executive of Chesterfield Borough Council, said: “Our record of investment and delivery, with a whole range of partners, shows that the council is willing to invest and provide support to bring projects forward that will help the borough grow and deliver jobs and opportunities to the people that live here.”

A number of new development sites are now set to be opened up for future commercial, industrial, office and residential investment, adding to the current £2billion growth programme already underway across Chesterfield town centre and the borough.

Hartington Industrial Park, a new 75,000 sqm industrial and warehouse development located on the site of the former Coalite Plant in Staveley, aims to build on the success of Markham Vale. Job numbers created by businesses who are based at Markham Vale are now beyond that of when the site operated as a colliery.

Huw added: “Markham Vale has been a tremendous success with demand for commercial space outstripping supply. Chesterfield’s industrial past has opened up a number of investment sites which have the potential to be as successful as Markham Vale in terms of job opportunities and growth in key areas of the borough.”

Alongside industrial sites, Chesterfield Borough Council has also made significant investment in town centre office accommodation, meeting the post pandemic demand for high quality, flexible workspace.

Northern Gateway Enterprise Centre, which opened in July earlier this year, already boasts more than 50% occupancy with 17 of the 32 offices now tenanted. Later this year, Chesterfield will gain Grade A, large footplate offices following the completion of One Waterside Place as part of the £320 million Chesterfield Waterside regeneration scheme. Already tenants have been secured for a number of the floors in the six-storey office block located next to the train station.

Office interiors expert Amy Revell, Co-Founder and Director of We are FM, who spoke at the summit said: “Chesterfield is an exciting place to be right now. Northern Gateway Enterprise Centre and One Waterside Place have given us Grade ‘A’ office space for people to work in. “These workspaces are comparable to those in bigger cities like Sheffield, Leeds and Manchester which deliver the connectivity for hybrid working for a better work/life balance.”

In addition to One Waterside Place, residential and leisure development sites are also being brought forward in the Chesterfield Waterside with the scheme developers, Bolsterstone Group, in talks with hotel and carpark operators as well as investors in a number of Build to Rent apartments.

Confident that investment in the borough will continue at pace, Councillor Tricia Gilby Leader of Chesterfield Borough Council, said: “While the current financial climate is a concern, Chesterfield is very resilient and has consistently come out of national crises stronger than it went into them. In the last recession we established Destination Chesterfield, and this has reaped rewards. We also resolved as a council and with all our partners, to come out of the pandemic fighting and as a result a number of developments came out of the ground, including One Waterside Place and the Northern Gateway Enterprise Centre.

“Chesterfield Brough Council and our partners will now work together with inward investors to ensure the next five years are as good as, if not better, than the last five years.”

Work has already begun on the town’s ambitious HS2 Station Masterplan which saw the recent demolition of the Chesterfield Hotel, opening up a further development site for investment.

Councillor Gilby added: “Chesterfield’s geographical location and connectivity are key to attracting investment and new residents. Chesterfield is perfectly positioned making major cities very accessible for post Covid working trends, which combine home and office working and we now have a market-leading portfolio of office space to capitalise on this.”

The 2022 Chesterfield Investment Summit was supported by the European Regional Development Fund. The annual free-to-attend event was held at Casa Hotel. It showcased investment activity in the town and was attended by more than 200 people.

To learn more about the investment opportunities in Chesterfield visit www.chesterfield.co.uk/business/invest-in-chesterfield/

The Chesterfield Investment Summit 2022 also saw the launch of the brand-new Invest in Chesterfield Map, which can be viewed online. The map showcases the wide range of investment opportunities available across our town.

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“When it comes to investment opportunities, the town has everything covered”

Peter Swallow, Chair of Destination Chesterfield has given his views on regeneration and investment across the town, following the successful Chesterfield Investment Summit 2022.

The content of the ‘Invest In Chesterfield’ event never fails to impress and this year was no exception. Once again, to a packed room, we heard how Chesterfield continues to punch above its weight.

This is a much-used term when it comes to describing our town, but it is accurate. The level of regeneration and new developments happening in Chesterfield right now surpasses most towns and even some cities.

More than £1billion is being invested in projects across Chesterfield, from social and private residential developments and office accommodation to industrial and leisure developments and retail. When it comes to investment opportunities, the town has everything covered, making it in attractive proposition.

However, there is no denying that tough times are upon us. The UK-wide energy crisis and rise in the cost of living has severely impacted families and businesses.

There is talk of recession but let’s not forget, it was during the last recession that the successful Destination Chesterfield campaign was launched in 2010 to market the borough and attract investment, and this has proved very successful.

As the former leader of Chesterfield Borough Council John Burrows said in 2012: “We could have chosen to bunker down and ride out the recession, but we didn’t. We chose to be proactive and forge ahead with our marketing plans.”

Destination Chesterfield has been instrumental in putting the town on the national and international investment map, ensuring that Chesterfield emerged from the recession stronger, with new employers, businesses and projects.

This forward-thinking approach to creating jobs, homes and opportunity for the people who live in Chesterfield very much remains at the heart of council policy today.

Consider more recent history. During the pandemic the Council invested in office accommodation at the Northern Gateway Enterprise Centre and One Waterside Place, placing the town in an excellent position to benefit from the demand for high quality, modern workspace post Covid.

In addition to numerous private residential developments, during the pandemic work also got underway on ‘the biggest council housing development in the Chesterfield borough since the 1980s.’ The 21 brand new properties at Badger Croft in Loundsley Green represent a fine example of Chesterfield Borough Council’s commitment to increasing the supply of affordable and accessible homes across the town.

When you consider that nearly 90% of local authorities failed to complete a single new-build council home by Q3 of 2021, this is a remarkable feat.

We have seen significant opportunities created by regeneration projects in and around the town centre and at Markham Vale. But there is more to come, a lot more.

Investment in Staveley is set to redevelop and regenerate former industrial areas, bringing with it new homes, jobs, leisure amenities and opportunity.

Recession or no recession, Chesterfield is a borough that won’t stand still. Watch this space.

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Summit hears how Chesterfield’s ambitions have not been derailed

Speakers at this week’s Chesterfield Investment Summit, have revealed that the borough is on course for a faster recovery from the pandemic than many other towns and cities.

The town’s high rate of public sector employment combined with its strong retail, manufacturing, and logistics sectors, have been attributed to Chesterfield’s significantly lower increase in unemployment during the pandemic compared to the national average.

At the Summit, which was attended by more than 130 members of the business community, it was revealed that the borough’s level of unemployment increased by 46% during the pandemic compared to the national average of 77%.

The annual Summit, which was held in-person for the first time in two years, was organised by Destination Chesterfield and Derbyshire Economic Partnership and part funded by the European Regional Development Fund.

Speaking at the Summit, Dr Huw Bowen, Chief Executive of Chesterfield Borough Council revealed the town’s plans for its recovery and growth, include plans to make the case for the re-opening of a rail line and a new £125 million road in the north east of the borough.

He said: “The town has shown a great degree of resilience and done really well during the pandemic. We are now looking towards recovery and growth. Chesterfield’s myriad of competitive advantages, including location, history, transport links, university, skills base, affordability and current construction projects have come together to make it an attractive opportunity for investors.”

Despite the ‘bitterly disappointing news’ to axe the eastern leg of HS2, Dr Bowen, said: “This won’t stop us in bringing forward our ambitious plans to redevelop the former Staveley Works Corridor. We look forward to working with the landowners to bring forward a mixed-use scheme comprising housing, leisure, retail, and light industrial units anchored around a new road and Chesterfield Canal.”

At the summit it was announced that the council remains hopeful that the Government will commit to supporting the reopening of the former Barrow Hill line which will connect Staveley, Barrow Hill, and Whittington to Chesterfield and Sheffield. Proposals for the re-opening of the rail line will, all being well, be submitted early next year.

A total of £1bn of investment is expected to be made in Staveley over the next 15 years, creating 3,500 new homes and 2,200 new jobs. Dr Bowen added: “We have two priorities – to make Chesterfield a thriving borough and improve the quality of life for local people.”

Chesterfield Borough Council is also pressing ahead with its plans to transform the area around Chesterfield train station. The multi-million-pound Station Masterplan, which includes demolition of the former Chesterfield Hotel, will ‘create a sense of arrival’ with modern landscaping and ‘land hungry carparks’ being converted into multi-storey carparks to free up land for residential, commercial, and light industrial development.

Demolition of the Chesterfield Hotel will begin in spring next year with detailed plans for redevelopment of the site still to be confirmed.

2022 looks set to be a formative year for the town, with a number of high-quality office developments – One Waterside Place, The Glass Yard and the Enterprise Centre set to be completed. Construction is also expected to begin on Summit @PEAK, phase one of the low carbon / net zero all year leisure, education, wellness, and entertainment gateway resort.

Speaking at the Summit, Peter Swallow Chair of Destination Chesterfield and managing director of Bolsterstone Group which is developing the 60-acre Chesterfield Waterside scheme, said: “The pandemic has brought about changes in the requirements for office space. Businesses want good quality, sustainable office space with environmental and social governance being a key consideration. Once again, Chesterfield is ahead of the curve with the modern, quality office developments already under construction which will enable the town to attract investors, create jobs and new opportunities for local people.”

In addition to Dr Huw Bowen and Peter Swallow, the Summit also heard from representatives from the town’s public / private partnership – Blue Deer Developments, Lomas Mitchell Architects, Whittam Cox Architects, Devonshire Property Group Limited and Derbyshire County Council – which are working together to ensure Chesterfield meets its ambitions.

Jillian Mitchell of Lomas Mitchell Architects, and Vice-Chair of Destination Chesterfield’s Property and Construction Group, commented: “Nationally, we are on the precipice of a time of seismic change in property design and Chesterfield is ahead of the game on this. The town’s commitment to sustainable construction through private/public collaboration is an opportunity for Chesterfield to lead on nationally.”

Councillor Tricia Gilby, Leader of Chesterfield Borough Council, added: “I am very pleased at the wide range of construction projects going ahead across the borough right now. All these developments represent new jobs and opportunities for local people, especially those looking to start their careers.

“Making sure that Chesterfield residents benefit from local economic growth is a key priority for us and our partners. A great example of this is the mentoring support provided by Chesterfield Property and Construction Group, which helps ensure that local people get the jobs that are coming to Chesterfield – including those created during the construction phase of projects, as well as opportunities within the businesses that relocate and grow here.

“It is a very exciting time for Chesterfield, which has been made possible by the hard work and commitment that the council and its partners have put in over many years.”

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Investment Summit to put town’s £45m grant funding under the spotlight

Chesterfield’s success in securing more than £45million in grant funding in this year’s March and October budgets will take centre stage at the fifth Chesterfield Investment Summit.

The free-to-attend event is returning in-person once more and will be held at the Casa Hotel on Wednesday 24 November from 8:30am – 12:00pm.

Christian Neilsen, Urban Design Associate at BDP which developed the Staveley Town Centre Masterplan, in conjunction with Chesterfield Borough Council, will be amongst the speaker line-up.

This is one of the eleven projects that are receiving funding through the £25.2 million Staveley Town Deal.  The grant for Staveley was one of the largest given to 45 towns in England in March earlier this year as part of the government’s £1billion Town’s Fund.

In the recent budget, Chesterfield was once again put under the spotlight by Chancellor Rishi Sunak after securing a £19.98 million grant from the national Levelling Up Fund.

Dr Huw Bowen, Chief Executive of Chesterfield Borough Council, who is also speaking at the event will reveal how the government funding will be used to continue to create a better future for our market traders, retailers, residents, and businesses.

Around 150 people are expected to attend the popular event which is organised by Destination Chesterfield and Derbyshire Economic Partnership and is part funded by the European Regional Development Fund.

The event will also hear from Rupert Carr, director of Birchall Properties, the company developing Chesterfield’s £400million all year leisure, education, wellness and entertainment destination PEAK, is to headline. He will update delegates on the progress and plans for the ambitious multi-phase leisure development which capitalises on the town’s proximity to Peak District National Park.

Additional speakers also include Cllr Tricia Gilby, Leader of Chesterfield Borough Council, Chris Henning, Executive Director Place at Derbyshire County Council and Peter Swallow, Chair of Destination Chesterfield and Managing Director of Bolsterstone Group Plc the company developing the town’s £340million regeneration scheme Chesterfield Waterside.

Peter Swallow commented: “We’re delighted to bring back the Investment Summit in person, after hosting it virtually last year. Chesterfield has continued to move forward and made significant progression on developments within the town in spite of the pandemic, so there is lots to talk about at the Summit. It’s going to be another great event.”

Organisers anticipate high demand for this year’s in-person event. To find out more about the event and book your free place, please visit: https://www.chesterfield.co.uk/events/chesterfield-investment-summit/

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