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Elder Way to be showcased at the Derbyshire Festival of Business event

Monday, February 27th, 2023


Chesterfield’s premier leisure quarter Elder Way is to be showcased to investors at Celebrate Chesterfield 2023.

The annual business conference will take place at The Winding Wheel on Thursday 2nd March and is expected to attract more than 250 members of the town’s business community.

Alongside presentations and panel discussions, the Celebrate Chesterfield event will also host the Derbyshire Festival of Business exhibition which Elder Way is exhibiting at.

The Derbyshire Festival of Business aims to connect and support local organisations whilst showcasing Derbyshire’s extensive business capability to future clients, customers, and investors. The University of Derby and the East Midlands Chamber of Commerce coordinate the schedule of activities during the festival in collaboration with local businesses. The exhibition is one of a number of online and in-person events that are taking place during the 12-month festival.

At the conference, Destination Chesterfield will also launch new plan which will see it position Chesterfield as a desirable and contemporary destination for visitors, investors and residents.

Chesterfield is an up-and-coming town with much potential, which is one of the many reasons we chose to invest her,” said Mark Hill, Development Director of Jomast, the company behind the regeneration of the iconic Elder Way building.

At the Derbyshire Festival of Business event, Jomast will be showcasing the building’s transformation – from Co-op department store to a Premier Inn Hotel, seven contemporary street level units for retail and hospitality businesses, and also a large basement area.

 Elder Way is part of Chesterfield town centre’s £19.9 million Northern Gateway regeneration scheme, which also includes the new Enterprise Centre. Opened less than 12 months ago, seventy-five per cent of the 32 offices are now occupied by businesses.

Tenants have praised the centre’s location, citing it as a primary factor in their decision to make the centre their new home. East Midlands Chamber has leased space in the new office building in addition to its headquarters outside the town centre. The additional space is being used as a drop-in meeting point for Chamber members.

Scott Knowles, Chief Executive at East Midlands Chamber, said: “We are excited to see the range of benefits the centre will have on the growth of businesses and the creation of jobs in Chesterfield, both of which will provide a boost to the town’s economy.”

With a prime town centre position and next to the Northern Gateway Enterprise Centre, Elder Way offers the space and location to enable retail and hospitality businesses to capitalise on Chesterfield’s ambitious four year growth strategy. Launched by Chesterfield Borough Council on 23 February 2023, the strategy includes the creation of more than 2,000 jobs, and more than 500 new businesses operating in the area as well as developing the town’s role as a visitor destination and as a base for exploring the surrounding area.

With a Premier Inn already successfully operating, the units at Elder Way are ideally located for investors who wish to benefit from Chesterfield’s drive to Increase the value of its visitor economy by 20% (baseline £163m).

If you’re a business looking to benefit from the opportunities on offer at Elder Way and be part of the exciting opportunities available in the up and coming town of Chesterfield, get in touch with us today or speak to one of our team at Celebrate Chesterfield to find out more.

Book your ticket to Celebrate Chesterfield here.

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