Your District Council has agreed to provide £200,000 to help accelerate the creation of a new link road at Ashbourne Airfield Industrial Estate - the district's largest employment location.
The focus of the district’s manufacturing economy, the 35 hectare former airfield site is fully occupied, with more than 70 businesses employing more than 2,000 people, including four of the top-ten contributors of private sector jobs in the Derbyshire Dales.
A new link road is needed to enable the faster delivery of serviced land and employment floorspace, providing space for businesses on the existing industrial estate to expand and opportunities to attract new business investment into the district.
The road, off the A52 near to Osmaston, will also help the delivery of new homes. 60,000sq ft of new employment floorspace would be provided as part of the project, which, should it get the green light, is eventually expected to generate up to 469 jobs.
At a meeting last night (Thursday 11 January), members of the District Council's Community & Environment Committee approved the £200,000 additional contribution to the project, subject to approval of a D2N2 grant.
The new money will meet the cost of improvements to Blenheim Road to bring that section of road up to adoptable standard. It is hoped the cash boost will help enable the new road to be built by the end of this year, with new industrial units following in 2019.
The District Council funded a consultancy team to support the project's development.
- The full report to Thursday's committee meeting can be viewed here [PDF 2.05MB]