Horizon 29 – where we are working with St Francis Group – is an outstanding example of both regeneration and partnership in action. It’s an impressive story so far with more significant chapters yet to be written…
We are thrilled to share the journey and transformation, so far, at Horizon 29. In 2012, St Francis Group and ALMCOR formed a new joint venture and took the bold step of acquiring Horizon 29, a former Coalite manufacturing plant and a highly contaminated and complex brownfield site. The site was expertly remediated by DSM Demolition who worked meticulously under the guidance of the Environment Agency and the Local Authority. Fast forward to Q4 2021, when a significant milestone was achieved, as a large portion of Horizon 29 was sold to Bentall Green Oak & Equation Properties, who began construction in Q3 2022 of new warehouse and logistics buildings, driving forward the site's transformation and regeneration. Simultaneously, the Joint Venture committed to deliver new offices and a state-of-the-art warehouse for Peak Pharmacy, and in Q2 2022 construction began. By Q2 2023, these facilities were completed, marking another significant achievement for Horizon 29. Further enabling works have been instrumental in this journey, including a S278 Agreement with Derbyshire County Council, a S104 Agreement with Yorkshire Water, and comprehensive improvements to the local utilities network. These efforts have ensured that Horizon 29 is not only ready for today but is well prepared for the future. Phase 1 at Horizon 29 is already above 50% occupancy and stands as a beacon of what can be accomplished through vision, partnership, and perseverance, and there are more exciting opportunities to be a part of. For occupiers seeking either land or a build to suit opportunity, we have over 12 acres coming forward on Plot 4c. Marketing of this exciting opportunity will commence in Q3 2024. We look forward to witnessing its continued growth and the positive economic impact it will have on the community and businesses alike. #Horizon29 #StFrancisGroup #ALMCOR #DSMDemolition #BGO #BolsoverLandLtd #PeakPharmacy #Construction #Development #PapercutMedia #KnightFrank