Hundreds of jobs are coming to Nottinghamshire after funding was secured for a multi-million pound initiative to develop a former brickworks site.
The £16.5million Vesuvius project will create a 40,000sq.m development for businesses on the old Vesuvius Brickworks in Sandy Lane, Worksop, bringing with it 400 jobs.
The development, which is set to include a new Asda superstore and petrol station, was being partially covered by £12.1m from property development firm Dooba Developments Ltd.
But the project can now officially get under way after £4.48m Local Growth Funding was agreed by the D2N2 Local Enterprise Partnership (LEP), which works with training providers, businesses, councils and other organisations to create jobs and boost the economy.
Sajeeda Rose, D2N2 LEP deputy chief executive, said: “The Vesuvius site represents a massive opportunity for North Nottinghamshire.
“This is a major investment by D2N2 and the opportunities it will offer to investors and businesses, as well as job creation for the wider area, will have a transformative effect for the D2N2 economy.”
The Commercial Estates Group has been appointed by Dooba Developments to mange the work, with the initial remediation of the site expected to be completed in March 2019.
Infrastructure work can then get under way, with the entire site expected to be ready for businesses to move in by April 2021.
Cllr Jo White, Cabinet Member for Economic Development at Bassetlaw District Council, said: “I very much welcome the news that work to unlock this dormant site has now commenced. This has been long awaited and is just the start of major developments that will bring more new jobs and services for our local area.
“This news is made even better thanks to the commitment from CEG that a number of apprentices will be employed as part of this initial work, which will give our young people the invaluable opportunity to take their first steps towards a career in the construction industry.”
The site was granted planning permission by Bassetlaw District Council for mixed use redevelopment in 2014.
Prior to this, it was occupied by Vesuvius UK until 2006. This was acquired by Dooba Developments Limited in 2008 when Vesuvius ceased operations.