400 jobs are set to be created at a brownfield development spanning 40,000sq metres, after millions of pounds in funding was granted.
D2N2 Local Enterprise Partnership has awarded £4.48million to go towards the Vesuvius project, a £16.5million initiative which will look to develop the former Vesuvius Brickworks site, on Sandy Lane in Worksop.
The project is hoped to create space for new and existing businesses, generating up to 400 new jobs as a result.
D2N2 is responsible for allocating £250 million from the government to create jobs, improve infrastructure and attract investment.
Sajeeda Rose, Deputy Chief Executive, for the organisation said: “The Vesuvius site represents a massive opportunity for North Nottinghamshire.
“This is a major investment by D2N2 and the opportunities it will offer to investors and businesses, as well as job creation for the wider area, will have a transformative effect for the D2N2 economy.”
The former Vesuvius site spans 177,000sq metres also includes an area of woodland which will remain in place as works get underway.
The plan to redevelop the site has been supported by the district council leader.
Councillor Simon Greaves said: “We have been supporting the application, working hard number years to bring the large brownfield site back into use for jobs and business.
“We are very happy to see this go ahead it is an excellent location on the A57. A great place for new businesses to start or relocate.”
Formerly a brickworks, the site was granted planning permission by Bassetlaw District Council for mixed use redevelopment in 2014.
It was acquired by Dooba Developments Limited in 2008 when Vesuvius ceased operations in 2006.
Now that D2N2 funding has been agreed and work is underway, the initial remediation of the site is set to be completed by March of next year.
The funding for the Vesuvius project was agreed at the D2Ns’s most recent Infrastructure and Investment Board Meeting, on Thursday, July 26.
A D2N2 spokesman said: “The funding will allow additional infrastructure works to take place and it is expected that the entire site will be ready for businesses to move in by April 2021.”
Terms have also been agreed for an Asda and petrol filling station at the site, set to be complete in late 2019.
Asda expects to begin recruiting 200 members of staff next year.
There will also be a new major roundabout and remediating the contaminated land.