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HS2 has the capability to transform Chesterfield

HS2 has the capability to transform Chesterfield in the same way that Eurostar has done for the city of Lille in France. That was the message from Richard Brown CBE, a board member of HS2 and a non-Executive member of the Department for Transport board, who was speaking at Chesterfield’s first Investment Summit.

The Investment Summit was organised by Destination Chesterfield, Derbyshire Economic Partnership and Marketing Derby – joint partners in the EU funded ‘Invest in D2N2’ project with a focus on promoting Derbyshire both nationally and globally as the place to invest for growth and quality of life.

It was announced earlier this year that HS2 has decided to go ahead with plans for the main HS2 high speed rail link to follow a route through north Derbyshire and South Yorkshire, with a spur coming off that would serve Chesterfield and Sheffield city centre. The decision to bring the HS2 rail line through Chesterfield has been described as ‘a once in a generation opportunity to create jobs and economic growth’.

Previously on the board of Eurostar, Mr Brown said that prior to getting a Eurostar station in 1993, the industrial city of Lille had undergone some difficult years. Now Lille is known throughout France for its handsome city centre and its very active cultural life, so much so that it is now ranked as one of the major metropolitan areas of Europe.

Richard Brown CBE explained: “HS2 will make the range of job opportunities to people living in Chesterfield hugely wider and likewise for employers. Planning ahead is critical to realise the benefits.”  

Basin Square, the first phase of the £320m Chesterfield Waterside scheme, is located directly across from the town’s train station and is in a prime position for people looking to live, work or invest in the area ahead of the first HS2 train arriving in Chesterfield in 2033.

Earlier this year, Chesterfield-based company NT Killingley Ltd carried out four months of site enabling works to prepare the land at Basin Square for construction of a hotel, offices, retail units, apartments and multi-storey carpark. Construction is expected to start in late 2018.

In addition to Richard Brown CBE, Peter Swallow, Managing Director of Bolsterstone Plc, the company leading the Chesterfield Waterside project, spoke at the conference in his capacity as Chair of Destination Chesterfield and Derbyshire Economic Partnership Board Member.

He said: “The regeneration currently taking place in Chesterfield right now is a great example of public and private sector working together. This has created a Blueprint for partnership working ahead of HS2, which will ensure residents, businesses and visitors fully benefit from the all opportunities that will arise in Chesterfield and the surrounding areas over the next 17 years and beyond.”

If you’re interested in the investment opportunities at Chesterfield Waterside, please get in touch to learn more.


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Peter Swallow,
Managing Director, Bolsterstone Group Plc.

36 The Bridge Business Centre
Beresford Way
Chesterfield S41 9FG
Tel: 01246 260206
Fax: 01246 260237