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£42m works under way

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Business secretary Vince Cable has helped mark the official start of work on the new £42 million Fox Valley development that will bring a new Tesco store to Sheffield.

Mr Cable was on site on Tuesday to take part in a topping-out ceremony at the site in Stocksbridge in the north of the city.

Barnely-based developers Dransfield Properties Ltd will transform a 28-acre former industrial site off Manchester Road into a mixed use development containing a new 63,000 sq ft supermarket, along with retail and cafe units, new office space and an adjacent housing site.

The development, which is due to be completed by early 2016, also includes a new link road to the A616 Sheffield to Manchester Road

The first phase of work is the creation of a new warehouse for Tata Steel.

Mr Cable said: “It is a privilege for me to be here, this is a successful, ambitious development that I think will really transform the town.

“It will bring shops, facilities, leisure and housing in a comprehensive way and I have been quite overwhelmed by the sheer scale of the project.

“I like the way that the team behind Fox Valley have approached this new development in the area, they have really thought about this and what this development does is create new facilities and a mixture of jobs rich retail as well as the manufacturing in the Tata facilities.”

Once the new warehouse has been completed later this year, the main contractors Henry Boot Construction can then move onto the retail and commercial site which will bring up to 900 new jobs to the area.

Managing Director of Dransfield Properties, Mark Dransfield, said: “Everyone involved with the project is extremely proud to have welcomed the Secretary of State Dr Cable to the development site and mark this important milestone in a project which our company has been working on for several years.

“We look forward to starting construction on the main retail site in the autumn.”

 

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