A market-ready large scale commercial development in the East Midlands expects to announce a series of major deals in the coming months.
New Stanton Park in Derbyshire will see the former Stanton Ironworks site redeveloped into a major destination for manufacturing and logistics businesses, with the site capable of hosting 2.2 million square feet of space and up to 4,000 jobs.
The site has been brought to market by Verdant Regeneration, which has also revealed that it has been successful in attracting international company Fassa Bortolo from Italy to build a bespoke new manufacturing plant at the site. It is also in advanced talks with a number of other national and international businesses looking to expand into the East Midlands by moving to New Stanton Park.
David Grier, a director of Verdant Regeneration, said: “New Stanton Park was an industrial landmark in the East Midlands for decades and with the investment we have made in redeveloping the site it will become a major commercial destination again.
“Remediation of the full site means that this is the most deliverable major industrial development in the region. Our ability to accommodate people swiftly is one of the key reasons for the significant interest we have attracted from businesses looking to expand.”
Verdant has already welcomed DX Group to New Stanton Park, the delivery solutions specialist opening a 22,000 sq ft regional hub on the site. Verdant is now working closely with the planners at Erewash Borough Council to bring forward further development at the site.
New Stanton Park will also include branches of McDonald’s and Starbucks, while fast EV charging will also be available.
New Stanton Park has been highlighted by East Midlands Mayor Claire Ward as one of the most important development sites in the East Midlands Combined County Authority’s Investment Prospectus, which is being promoted at the national and international UKREiiF event in Leeds next month.
The site is being marketed by agents M1, Kimmre and Innes England. James Keeton, of M1 Agency, said: “The Verdant team has invested heavily in preparing the site for occupiers, with site infrastructure and outline planning in place.
“This is capable of delivering 28m eaves height, utilities support is excellent and with the sheer scale of the plot sizes – plot 2 alone is 70 acres and capable of accommodating a single 1m sq ft building – we’re confident that New Stanton Park will soon be home to major national and international occupiers.
“Verdant is currently building out speculatively on plot 1, with occupier deals secured and further announcements across the wider plot expected shortly. The principal development land is all being supported by the amenity plot for McDonald’s and Starbucks, which is also on site. Cumulatively, this is a hugely positive inward investment story for the region and the UK.”
Verdant’s investment in the site also reflects the long-term commitment to the area of its director David Ward, whose recycling business already employs hundreds of local people.
He said: “We have huge ambitions for New Stanton Park – this was a significant industrial landmark for many decades and will certainly become one again.
“Besides the site remediation and infrastructure, we have also invested in the environment so that the green spaces, recreational fishing ponds, and wildlife around New Stanton Park are protected and nurtured.
“We want to see this become a major source of employment for Erewash and to support the Mayor’s ambitions for the growth of the wider East Midlands economy.”
