Why Chesterfield Archives - Destination Chesterfield

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

23rd October 2023

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, 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 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’

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’

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 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’

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’

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’

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.

Investors praise Chesterfield’s location and lifestyle in new campaign

25th September 2023

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.