Summit Park in Sutton in Ashfield is set to see a 1,750,000 square foot distribution centre built on the site as part of a major development.
This week, joint venture development partners Peveril Securities and Sladen Estates signed contracts for the development of the building with the occupier. The development, funded by a major institutional investor is possibly the largest ever single investment in the Ashfield area and in the region as a whole.
The site, located off the Mansfield and Ashfield Regeneration Route (MARR) has stood empty for almost ten years waiting for a requirement of this size to come along. The site was originally infrastructured to attract a business of this size, and through the hard work of all involved, the secured occupier will bring real benefits to the district.
Speculation still surrounds who the occupier is. An announcement will be made by them when recruitment begins, but until then we will all be kept guessing.
The new development will bring 1,800 good quality new jobs in a variety of roles. Plans also include a bus route and onsite bus station that will ensure jobs are accessible to all.
The building is being constructed by Bowmer + Kirkland and the estimated completion date for the building is September 2020.
Cllr Jason Zadrozny, Leader of Ashfield District Council said “We are so excited to be able to announce these plans. This is the biggest single private sector investment in the district for quite some time, maybe ever. It is great to see that a large organisation wants to bring part of its distribution network to the district and that a major UK institution is prepared to fund such a development in our area.
“This is a real game changer for the district. 1,800 new jobs will have a real, significant impact on employment opportunities for residents.
“We will work with the developer and end user as soon as we know who it is, to maximise employment opportunities for local people. We will work with the DWP and local training providers to make sure that Ashfield residents are first in line.
“This investment would provide a significant boost to the local economy.”