Harworth Group plc, a leading regenerator of land and property for sustainable development and investment, has secured a resolution to grant outline planning consent from Amber Valley Borough Council for the development of c1.5 million sq. ft. of Grade A Industrial & Logistics space and up to 300 new homes at its Cinderhill development in Derbyshire.
Harworth owns or controls the majority of the site through a combination of freehold ownership and under a Planning Promotion and Marketing Agreement (PPMA). The company is the first developer to unlock this complex site since taking control of it in 2018 and this planning achievement further evidences the Group’s ability to create value from its Strategic Land portfolio.
Located in Derbyshire, adjacent to the A38, the Cinderhill site has a long history of industrial uses including an iron foundry and opencast coal extraction. The Group’s proposal includes land remediation, site servicing and installation of high-quality infrastructure to facilitate the construction of Grade A commercial units. The regeneration of this site once complete is expected to create over 1,000 new jobs and the whole scheme has been carefully designed to incorporate infrastructure capable of supporting sustainable living and provides connectivity via cycle paths, footways and bus routes.
Lynda Shillaw, Chief Executive at Harworth, commented: “The receipt of planning at Cinderhill is a significant milestone as this complex site has involved careful masterplanning over the years alongside collaboration with a number of different stakeholders. This achievement highlights our specialist skillset and track record of securing planning and regenerating former industrial land. We look forward to playing a part in the delivery of a high-quality sustainable scheme in a region which has a strong manufacturing and logistics presence and where Harworth continues to see strong demand for our serviced land products.”
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