£25 million deal gives vote of confidence in Derbyshire's economy

Two new industrial units are being constructed at Markham Vale in the development.

Work to build two large new industrial units has started at Derbyshire County Council and HBD’s flagship regeneration site, signalling confidence in Derbyshire’s future economic prospects.

Aver Property Partnership Limited, a joint venture between Ergo and NFU Mutual, is building the two units at Markham Vale, off junction M1 29a, in a £25m deal.

The units, measuring 221,518 sq ft and 75,000 sq ft, are being built on the north side of the business and logistics park and will be available to purchase or lease.

Construction of the two units will be carried out by Derbyshire-based firm Bowmer and Kirkland.

Derbyshire County Council’s Cabinet Member for Clean Growth and Regeneration Councillor Tony King said: “This investment in Markham Vale shows a great level of confidence in the Derbyshire economy and its potential for growth.

“As we continue our work to support local businesses to recover from the downturn brought about by the coronavirus pandemic, it’s important that we continue to provide new opportunities for investment, bringing the potential for new jobs and helping to keep the economy moving.

“This deal sends a strong signal to other investors that Derbyshire is a place that helps businesses to survive and thrive and I’m pleased that the construction contract has been awarded to a local business providing a further boost for the area and the local economy.”

Anthony Clitheroe, Director at HBD, said: “Both investors and occupiers are attracted by the high-quality build available at Markham Vale, combined with our proactive, partnership-led approach to development and proven track-record of delivering on time and to budget.”

For more information about Markham Vale visit www.markhamvale.co.uk

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