Work has begun on the first phase of the multimillion pound Fox Valley Development to create a new commercial heart for Stocksbridge, which could create up to 900 jobs.
The £42 million project is the brainchild of Dransfield Properties and will transform the former Outokumpu site, off Manchester Road, with a mixed use development by early 2016.
The first phase of the development involves building a new steel stock warehouse for Tata Speciality Steel.
Henry Boot Construction has moved on to the warehouse site near Gate One of Tata’s plant and has begun preparing the ground.
Once the Banner Cross Hall-based group has completed the warehouse and relocated Tata’s stockyard later this year, the company will move on to the main retail and leisure site, where it will create a 63,000 sq ft Tesco Store with other retail, restaurant and café units, a 635-space car park and high spec offices.
The programme also involves creating a a new link road to the A616 Sheffield - Manchester road, new pedestrian links with Manchester Road, landscaping and public spaces.
Dransfield Properties’ Amanda Holmes said: “This has been a project we have been working on for a good number of years so it’s fantastic to see things moving on site now.
“Henry Boot has established their offices at the warehouse site and will also have a base at the retail site off Manchester Road.”
Henry Boot Construction’s managing director, Simon Carr, said: “As a local construction company, we are delighted to be the contractor selected to carry out the transformation of Stocksbridge town centre, which will generate up to 900 new jobs.”
Dransfield Properties’ Fox Valley project has received £8.1 million towards the scheme from the European Regional Development Fund.