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Commercial Property

‘New beginning’ could see up to 4,000 jobs created on historic East Midlands ironworks site

Developer wants to bring the area “back to life” with warehouse and industrial units totalling around 2.5 million sq ft

Verdant Regeneration wants to build warehousing on the 200 acre former Stanton ironworks site, in Notts

Up to 4,000 new jobs could be created through the regeneration of a historic East Midlands ironworks site.

Verdant Regeneration has submitted formal plans to redevelop 200 acres of the historic Stanton Ironworks site, which runs alongside the M1 between Nottingham and Derby.

The company – a partnership between Ward Recycling and Trust Utilities – says the scheme would be named New Stanton Park and would be a “new beginning” for the 450-acre ironworks.

It hopes to bring the area “back to life” with warehouse and industrial units totalling around 2.5 million sq ft.

The project would also see the reintroduction of a Midland Mainline rail connection through a 17-acre rail hub, giving access for companies transporting their goods to and from the site and across the º£½ÇÊÓÆµ.

Erewash Borough Council is expected to make a decision on the planning application in the next few months.

Papers submitted by Verdant say the construction and demolition stages of the development would create 562 jobs each year and that, when complete, this would increase to 4,000 jobs on-site and 400 jobs elsewhere.

The papers detail that the pandemic has effectively pressed fast-forward on the surge towards online shopping within a vastly increased need for distribution centres around the º£½ÇÊÓÆµ.