The future of one of the largest brownfield sites in the UK has taken a major step forward as a range of new development plots are brought to the market.
The Durham-headquartered firm, which has offices in Lanarkshire and Edinburgh, acquired the site in 2013, and has been developing a masterplan to bring about the restoration and redevelopment of the former surface mine, which ceased coal production in 1998.
Hargreaves Land has now announced the appointment of Ryden and JLL as marketing agents for the scheme, which it says is one of the largest industrial redevelopment opportunities in Scotland.
Phil Rayson, senior planning and development manager at Hargreaves Land said:
“We believe that with the proper investment, the site location, scale and unique features can be exploited to create a visionary and innovative regeneration and development project. We are delighted to have the support of Invest in Fife, JLL and Ryden, we have also engaged with the local community and key stakeholders to ensure our proposals take an integrated approach to regenerate this historically impacted site.
“We are committed to improving the biodiversity of the site, increasing public accessibility and incorporating a range of renewable energy systems, including energy recovery from residual waste. This energy can then support other development proposals and a range of new business opportunities.”
The brownfield site, which benefits from planning permission in principle for a site wide masterplan and offers a variety of development platforms ranging from 2 to over 25 acres, has two plots already under offer.
Detailed planning consent has been granted for a 22 mw energy from waste facility which, once completed, will provide occupiers with significant supplies of heat, power and steam.
Neil McAllister, Partner at Ryden said:
“Westfield is located in mid-Fife with easy access from the M90 and the A92. Given the scale of the site, it has the potential to once again become a major business and employment hub for Scotland. It’s great to see this redundant site being brought back to life and we expect to see interest from a variety of users for the freehold and leasehold opportunities available.”
Hargreaves Land is a property regeneration specialist with over 15,000 acres across 50+ sites spread throughout the UK.
For further information please see www.westfield-fife.co.uk