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Revamp of Chesterfield’s historic marketplace set to begin

Friday, June 28th, 2024

The regeneration of Chesterfield’s historic marketplace is set to get underway on 1 July.

The revamp is part of Chesterfield Borough Council’s multi-million pound Revitalising the Heart of Chesterfield project.

As part of the £3.25million revamp, Chesterfield’s Market Square will get a new layout with new stalls for traders. The town’s market has a long history and along with the famous Crooked Spire Church, is a popular pull for tourists.

An artist’s impression of the revamped market Square

The market has been held in Chesterfield since at least 1165, with a market charter granted to the town in 1204 by King John. The market moved to its current location in the early 13th century.

Further improvements to the town centre will also include New Square (next to Market Square), with plans for it to become a space for festivals, events, cultural celebrations and community gatherings. Work will also be undertaken in  Rykneld Square, Spire Walk and Corporation Street within the town centre. All the areas are within a short walking distance from Elder Way.

All the sites will have new lighting, digital facilities, seating, greenery and signage, with the regeneration of Rykneld Square connecting the town centre to the Crooked Spire Church, making the visitor and tourist experience more cohesive.

The work is expected to take around 18 months, the completion of which in 2025 will coincide with the re-opening of the town’s Stephenson Memorial Hall following a £17 million renovation and remodelling project.

Work on the striking Stephenson Memorial Hall began in December 2023 and involves extending the Pomegranate Theatre, reconfiguring and modernising Chesterfield Museum. The landmark building will re-open with a new gallery space, a café bar, education, and community facilities.

The significant investment happening across Chesterfield town centre is further increasing the attractiveness for businesses to both relocate to and expand within.

Bottle & Thyme, a local award winning bar and restaurant, recently signed a 10-year lease to occupy a larger unit at Elder Way. Situated across the road from their current premises, the new unit at Elder Way is three times larger to allow for business growth and will open later this year following its fit-out. Owners Hannah and Gavin Grainger also plan to retain their existing premises on Knifesmithgate and transform into a wine bar and charcuterie next year.

Sheffield’s Forge Bakehouse has also recognised the many benefits of being based in Chesterfield town centre and has opened a new location in the Pavements Shopping Centre. Forge Bakehouse already has four shops and cafes in Sheffield and Dronfield as well as an outlet at the Forum in Sheffield City Centre and at Sheffield Train Station.

“Having established ourselves successfully in Sheffield, we felt the time was right for expansion and recognised there is demand for our range of products in North East Derbyshire. Chesterfield is such a vibrant and welcoming traditional shopping centre,” said Forge Bakehouse owner Liva Guest.

Forge Bakehouse is just one of a number of businesses that have invested in Chesterfield town centre in 2024, other high street additions include Street Spirit, Hotpod Yoga on Elder Way, Critical Hit and Cards Direct.

The businesses have all recognised Chesterfield’s plans for growth following its announcement as one of 55 UK towns to benefit from a new £1billion funding initiative. A new, independent board was recently appointed to oversee how the funding is invested.

The board comprises local businesses leaders, community and voluntary organisations, and the public sector, including representation from Chesterfield Borough Council.

Councillor Tricia Gilby, Leader of the council, said: “We have really strong and innovative business and community networks here in Chesterfield and this is another great opportunity to bring people together – backed by millions of pounds worth of funding – to deliver projects which will make a real difference to the quality of people’s lives over the next 10 years.

Businesses that want to become part of the exciting investment taking place in Chesterfield and are looking for a new home, need look no further than Elder Way and its attractive street-level units.

Sitting within the heart of the town, Elder Way is just a five minute walk from the train station and close to a number of car parks, making it a prime location to deliver retail and hospitality services.

Already home to Hotpod Yoga, and soon to welcome Bottle & Thyme, only five units now remain available at Elder Way with joint agents WSB Property and FHP reporting strong interest from a number of operators.

For enquiries or further information about the units, contact us here.

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