Barnsley will be providing the infrastructure for future employment growth on one of the few undeveloped junctions of the M1 at Junction 36 thanks to a £17.1m funding agreement with Sheffield City Region, as well as two development agreements with Harworth Estates, CRM and Hoyland Developments Ltd.
This will contribute to major road infrastructure works and provide serviced employment land at Junction 36 of the M1 near Hoyland, creating some 4,500 jobs.
The funding, providing through the Sheffield City Region Investment Fund (SCRIF), is being supplemented with significant private sector investment that will lead to the delivery of new commercial units and thousands of new jobs.
Barnsley Council Leader, Coun Sir Steve Houghton, said: “The Sheffield City Region Investment Fund money will allow developers to provide the right key infrastructure needed to create the conditions for investment at Hoyland now and a critical supply of employment land into the future. This is essential in helping to attract and retain new and existing businesses, which in turn will create a more competitive private sector employment base.
“Confidence in the area is already growing, with developments at Harworth’s Gateway 36 site and local Enterprise Zones.”
Nigel Brewster, vice chair of Sheffield City Region LEP, said: “This latest announcement takes us another step towards the LEP’s ten-year vision to create 70,000 jobs and 6,000 new businesses.
“Growing number of investors from around the world are looking to do business in Sheffield City Region as we continue to lead the way at the forefront of the Northern Powerhouse.
“This latest development is one of the first major investments from our fund, which gives local leaders control over Government money to make local decisions which give our residents the biggest return on their investment and the maximum of jobs.”
Tim Love, director, Strategic Land, Harworth Estates, said: “The success of the first phase of Gateway 36 has shown its potential as a leading future employment site in the region.
“We’re delighted that Barnsley Council and the Sheffield City Region has worked together to secure this funding to help open up the remainder of the Gateway 36 site and we look forward to bringing the development forward with their support.”
The initial stage involves substantial road infrastructure improvements to the area around the Rockingham roundabouts. The tender will soon be awarded, with work due to begin in late spring.
The total future potential jobs to be created at Hoyland is in the region of 4,500, including future phases of Harworth’s Gateway 36 Business Park. A speculative 75,000 sq ft unit is now under construction as part of the site’s first phase, with the second and third phases of the site estimated to deliver a further 1m sq ft of commercial space for a range of businesses.
This scheme will also lay the foundations for the future accessibility of the proposed employment site at Goldthorpe which cannot be opened up in the future without improvements at Junction 36.
Barnsley Council’s commitment to developing a thriving and vibrant economy by encouraging more business start-ups, supporting new ideas and creating more job opportunities for local people has been recognised at this year’s 20th anniversary Local Government Chronicle (LGC) awards, when its Enterprising Barnsley project came away with the top award in the prestigious Driving Growth category.
Enterprising Barnsley offers a wide range of free support to private sector investors moving into the area, existing business owners looking to expand and entrepreneurs launching start-up ventures.
The project has helped provide 762 businesses with customised business coaching support and created 276 new businesses. It has also helped to stimulate significant private sector job growth, ranking Barnsley in the top ten in the country for growth in the last decade.