A leading regeneration company will build a new community in Clay Cross.
North East Derbyshire District Council has given national developer St Modwen planning permission to deliver its Egstow Park masterplan, which promises to create up to 680 jobs.
The multi-million pound development – which will rejuvenate a sprawling brownfield site off Derby Road and Market Street – will include 825 new homes, a neighbourhood centre, retail units, a hotel and large areas of green open space and woodland.
In addition, McDonald’s has permission to build a restaurant at the site.
As part of the first phase of the scheme, St Modwen has already delivered a number of new homes as well as a Marston’s pub and restaurant, a sports pavilion and grassroots sports facilities.
Gregg Titley, development director at St Modwen, said: “We’re really pleased with the decision as it allows us to continue to build much-needed housing but also presents the opportunity for further inward investment in the area.
“We’re experiencing good demand for commercial space in the Midlands region as a whole – and we’re confident Egstow Park will be no different.
“We’re excited to play a part in attracting new businesses to the area, which will create a significant number of jobs for local people and help build a community in which people can live, work and enjoy their surroundings.”
Sean Bremner, partner at CPP, agents for the site, added: “This new planning permission will create much-needed commercial space in the Chesterfield area.
“We’re confident the space will benefit residents and expect it will be snapped up quickly.”
A planning document which was considered by councillors stated: “It is considered that the economic and social benefits of the scheme would be significantly positive whilst the environmental impacts would be mixed.
“Weighing all three factors together it is considered that the economic and social benefits that would be brought by the scheme outweigh the environmental harm leading officers to conclude that in general terms the application is considered to be acceptable.”
St Modwen bought the 204-acre Egstow Park site from administrators in 2013.
The location was previously home to the Biwater industrial site.