St Francis Group and iSec are to build five new warehouses on the site close to junction 29A of the M1 motorway.
Permission is also being sourt for another 500,000 sq ft next door.
The brownfield site has been unused since the Coalite works closed over a decade ago but now joint venture partners iSec and brownfield regeneration specialist St Francis Group will start ground works immediately to make plots ready for development. Occupiers could move into high quality industrial warehouse and manufacturing space from spring 2021.
A second application seeking outline consent for an additional 500,000 sq ft in two units on adjoining land has also been submitted by the developers to North East Derbyshire District Council. At 1.32 million sq ft the scheme is destined to play a national role in the ever-expanding logistics market based on increasing demand from e-commerce channels.
It is also planned to upgrade the surrounding road network with significant improvement works planned for Buttermilk Lane likely to start early next year.
