Heart of Chesterfield - Market Square




Urban Regeneration

Heart of Chesterfield

Chesterfield town centre’s exciting transformation has begun, with refurbishment plans taking place and completed across several key sites.

The look, feel and flow of the town’s main public spaces and the connections between them are being revitalised as a result of Chesterfield securing £20 million from the government’s Levelling Up Fund.

The works will include a revamped marketplace, alongside a refurbished cultural offering at the Stephenson Memorial Hall.

Space is now available for businesses in the retail, leisure and hospitality sectors to add to our visitor offer in the town.

Over the coming years, the town centre will be further transformed through developments including Chesterfield Waterside, the delivery of the Chesterfield Town Centre Masterplan and the Chesterfield Station Masterplan.

There are a range of opportunities available for investment including capital investment, residential, office, end-user occupiers and leisure and hotel operators.

Chesterfield is a sub-regional service centre for North Derbyshire, it has a great town centre that is steeped in history with a historic market but that is balanced by new investments and opportunities.

Key facts

  • £1 billion of regeneration taking place across the borough of Chesterfield
  • Largest town in Derbyshire
  • Gateway town to the Peak District
  • Well-connected by rail
Heart of Chesterfield - Stephenson Memorial Hall - Day
Heart of Chesterfield - Market Square
Heart of Chesterfield - New Square

Opportunity location

Why invest in Chesterfield?

The historic market town of Chesterfield is nestled on the edge of the Peak District National Park and is home to the famous Crooked Spire. However, Chesterfield is much more than that! It is a town of innovation, creativity, and ambition. There are currently over £1 billion of regeneration projects being delivered, and more on the way. Derbyshire’s largest town is cost-effective, well-connected, and full of potential.

By investing in Chesterfield, you will be joining businesses from world-leading manufacturers to multinational communication companies.

Enterprises of every kind already benefit from our town’s positive approach and superb travel links.

The M1 motorway is on our doorstep; regular and direct trains operate from our station, connecting us to London and the rest of the UK, and four major airports are no more than sixty minutes away.

When you have finished working, you can enjoy the town’s excellent leisure offer, including theatres and award-winning restaurants and bars.

Alternatively, you can be out exploring the beautiful Peak District National Park, which is located just minutes from your office or home.

Insight for investors

  • Type of investment sought: includes capital investment; residential; end-user occupiers and leisure operators; hotel
  • Target investor(s): Capital investors; residential; hotel etc
  • Value: £400m+
  • Timescale: Opportunities available now for live schemes
  • Delivery timescale: Immediate
  • Planning status: Masterplanned, with Strategic Local Plan Allocation
Heart of Chesterfield - Rykneld Square
Primary promoter

Destination Chesterfield, Chesterfield Borough Council