Plans have been put forward to build up to four industrial units at a business park in Calverton in a bid to bolster the growth of local business.
Gedling Borough Council will construct the new units at Hill Crest Park in Calverton.
The proposed development, subject to planning approval, aims to provide additional business premises tailored to the needs of small and medium-sized enterprises (SMEs) in the area.
Hill Crest Park currently houses eight business units, catering to various companies, including a machinery manufacturer, directory publisher, shopfitting contractors, and a facilities management company. The popularity of the existing units, and waiting list to get into the units, highlights the demand for such facilities in the area.
Calverton, one of the largest villages in Gedling, has experienced a 7pc increase in population between 2011 and 2021, according to the 2021 Census. The council said they expect the village to continue growing, making this a crucial hub for the Borough’s economic development.
The development is projected to create 18 new job opportunities, thereby enhancing the local employment landscape.
Approval for the planning application is currently pending, and the council has submitted a funding application to the D2N2 Economic Growth Fund Capital Programme, seeking a 50% contribution for the project.
Councillor Jenny Hollingsworth, Portfolio for Sustainable Growth and Economy said: “This is a really exciting investment to a growing economy in the Calverton area.
The demand for business units at Hill Crest Park is really high and these plans for four new units will help local businesses growth and create new jobs at the same time.
“We still have a few hurdles to jump in terms of funding but we are looking at several options and we will be wanting to get this project started as soon as possible and I am sure that residents in Calverton will welcome this investment into their town.”
Mite be the biggest vilage but more money should be spent on our biggest town. More people want jobs on Arnold than Calvo. Spend money on our London our capital
You obviously don’t know what your talking about, Calverton is one giant cash machine for Arnold, besides people of Calverton would rather Gedling pay towards more parking spaces in the village of six thousand cars than four little factory units