400 jobs to be created as former Vesuvius site set to erupt into life
Some 400 jobs are set to be created in Worksop after funding was agreed by the D2N2 Local Enterprise Partnership (LEP).
The Vesuvius project is a £16.6m initiative which will look to develop some 430,000 sq ft of employment space at the former Vesuvius Brickworks site, on Sandy Lane in Worksop, North Nottinghamshire. The project can now get underway after £4.48million Local Growth Funding was agreed by the D2N2 Local Enterprise Partnership.
D2N2 funding for the Vesuvius project was agreed at the LEP’s most recent Infrastructure and Investment Board Meeting, on July 26 2018.
The Vesuvius site’s cost is being covered by £12.1m from property development company Dooba Developments and £4.48m from D2N2’sLocal Growth Fund (LGF) Allocation. LGF investment will kick-start site-wide remediation and infrastructure works, delivered by the Commercial Estates Group
The former Vesuvius site lies on the western side of Worksop and covers nearly 2m sq ft of space. This also includes an area of woodland which will remain in place as works get underway. Formerly a brickworks, 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 bought by Dooba Developments in 2008 when Vesuvius ceased operations.
The Commercial Estates Group has been appointed by Dooba Developments to manage the development and works on the site. Now that D2N2 funding has been agreed and work is underway, the initial remediation of the site is set to be completed by March of next year (2019). This will allow additional infrastructure works to take place and it is expected that the entire site will be ready for businesses to move in by April 2021.
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.”
