Investment News | 13 December 2023

Office development full less that a year after completion

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A new office development in Chesterfield has achieved full occupancy less than a year since its completion.

All six floors of One Waterside Place, which is owned by Chesterfield Borough Council, are now full.

The flagship office development has seen the addition of Rosewood Wealth Management and another international company, both expanding their presence in the town.

These new occupants join BHP Chartered Accounts and Varley.

The 35,000 sq ft office building offers spaces with amenities like lifts, air conditioning, and on-site cycle parking.

The development of One Waterside Place was led by local property development and investment firm Bolsterstone Group.

The building sits within the £75 million first phase of the Basin Square neighbourhood, which includes a mixed-use development as part of the £340 million Chesterfield Waterside regeneration scheme.

The canal basin’s development was supported by the South Yorkshire Combined Authority Infrastructure Fund.

Peter Swallow, managing director of Bolsterstone Group, said: “One Waterside Place is a runaway success story having taken less than 12 months to fully let.

“When planning the commercial element of Chesterfield Waterside at Basin Square, we knew that the proximity of the train station would be a major pull for businesses. It has certainly been the case.

“We are now looking to deliver the next stages of Basin Square and anticipate similar success.”

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