An unprecedented year of activity at one of the East Midlands most prominent development sites has helped to boost business for a number of contractors across the north and midlands.
After announcing speculative build activity and five major deals alone in 2014 Henry Boot Developments has appointed six different contractors to build at Markham Vale. To date it has commissioned £30 million in construction projects on the regionally significant, 200 acre business park.
Markham Vale is a flagship industrial and distribution led development undertaken by Henry Boot Developments in a joint venture with Derbyshire County Council. The site has witnessed very strong interest in the last twelve months resulting in 6 transactions, with few other comparable schemes in the UK reporting such success. Over 200,000 sq. ft is currently under development on the site to make way for a number of new leading occupiers.
Edward Hutchinson from Henry Boot Developments said, “Markham Vale is an attractive location for a variety of occupiers which includes specialist distributors and manufacturers and supporting retail and offices requirements.
“The design and specification requirements for each plot vary greatly and it has proved successful for us to appoint contractors able to deliver against specific occupier requirements.
“Henry Boot Developments adopts a fair strategy when appointing contractors and secures in tenders through a rigorous tender process. Companies currently involved with the site include Caddick Construction, B&K Building Services, Wilgoose Construction, Henry Boot Construction, Brian Quinn Civil Engineering and Kier Construction.”
In the last year Henry Boot has secured deals with Ready Egg Products for a new 34,700 sq. ft food processing plant, Holdsworth Foods 17,900 sq. ft cold store and Euro Garages complete with Shell petrol station with HGV facilities, a SPAR convenience store, Subway, Greggs and a Starbucks drive-through. It also started work on site to deliver a new Martsons public house.
In the autumn it secured Gould Alloys for a 50,000 sq. ft design and build requirement and agreed terms with inspirepac to build a significant new 100,250 sq ft specialist production facility.
Further deals are in negotiations which could see the East site at full occupation and allow Henry Boot Developments to bring forward plans for development of 80 acres on Markham Vale North. The developer is encouraging qualifying contractors to tender for future projects.