Demand for office space has soared in Chesterfield after completion of several high-quality schemes, according to Destination Chesterfield.
Demand for space in Chesterfield’s enterprise centres has increased since Northern Gateway Enterprise Centre, the town’s newest centre, opened in July 2022.
More than three-quarters (81 per cent) of the office suites are now occupied at Northern Gateway, well ahead of a 50 per cent 12-month target set by Chesterfield Borough Council. Almost half (14) of tenants at Northern Gateway Enterprise Centre are new to Chesterfield, and have either fully relocated to or opened satellite offices in the town since July 2022.
Occupancy rates at Chesterfield’s established enterprise centres have rebounded to above pre-pandemic levels. 85 per cent of space at Dunston Innovation Centre and 87 per cent of Tapton Park Innovation Centre is now let. Occupancy at both locations was below 80 per cent at the start of the COVID-19 pandemic, and had fallen to 67 per cent at Dunston and 57 per cent at Tapton Park during the third national lockdown in early 2021.
Two floors of One Waterside Place, a 35,000 sq ft office block next to Chesterfield’s mainline railway station are now occupied and Chesterfield Borough Council reports strong interest in the remaining space. Opened in January 2023, One Waterside Place is located in Basin Square, a major part of the £340m Chesterfield Waterside regeneration scheme.
Councillor Tricia Gilby, Leader of Chesterfield Borough Council and Vice Chair of Destination Chesterfield, said: “Our local economy is growing and the investments we have made in modern attractive office space has helped bring new businesses into the town and created new jobs for our residents.
“Our investment coupled with our central location, culture of invention, competitive cost base and quality of life, is driving growth across the borough. Demand is soaring from local start-ups, relocating entrepreneurs from the likes of London, Leeds and Sheffield, and bigger businesses wanting more space or to consolidate their facilities in a single, central location.”
Tim Turner, MD at Blue Deer Ltd, said: “Chesterfield is a thriving business location and the perfect place for the mix of office and retail space we offer at The Glass Yard. Demand for space here has been particularly strong since we opened last year, both from local companies and incoming businesses.”
