Sherwood Energy Village development to create 38 jobs
Some 38 jobs are to be created at a 32,000 sq ft commercial property development at Sherwood Energy Village.
Delivered by CRT Property Investments, the scheme will be used for business and industrial use.
Located opposite Eco Court, another development owned and fully let by CRT Property Investments, the project will provide 10 business units, between 2,000 and 7,500 sq ft, with the opportunity for combined space of up to 13,000 sq ft for organisations that have more significant requirements.
After an investment of £2.8m from CRT Property Investments Ltd, the wholly owned subsidiary of the Coalfields Regeneration Trust, and a further £500,000 from D2N2, the private sector-led Local Enterprise Partnership, works will now begin on the development which was granted planning approval in April 2016. The scheme is scheduled to be completed by next spring.
Property investment and development director for CRT Property Investments, Shaun O’Brien, said: “The investment in Sherwood Energy Village is a further step forward as we commit to a plan which will see more commercial space become available in coalfield areas; those that most developers would traditionally avoid.
“As well as bringing business units that can be accessed by local companies and those that are looking to take the next step into larger commercial and industrial premises, we will see vital jobs in the area protected and created.”
Mark Spencer, MP for Sherwood, said: “I am very encouraged to see the progress that has been made with the Sherwood Energy Village. The Coalfields Regeneration Trust has done wonderful work for those people, including my constituents, who live in former coalfield communities, and I am clear that this is exactly the kind of project that we need if we are going to truly transform people’s lives for the better. I know that local businesses are on board, and I am certain that this project will provide the investment and opportunities required to help the local economy move forward.”