Sheffield City Region funding has enabled plans to develop a new green energies part containing a purpose-built steel press to go ahead.
The former Ucar site at Claywheels Lane – semi-derelict for nearly 20 years – can now be transformed into a sustainable industries park, subject to planning permission, by owners AMG as well as accommodating a new state-of-the art steel press building for local firm Abbey Stainless.
The site is set to become a centre for recycling and renewable energy generation and has the potential to create at least 70 new jobs.
Some £30 million of private investment could be attracted to the site, which will now be hooked up to the gas and electricity networks for the first time thanks to £1.5 million from the Sheffield City Region Investment Fund.
The project aims to unlock 22 acres of this prime brownfield site in the Upper Don Valley.
Alongside Abbey Stainless a number of recycling and renewable energy generators including Raw Energy and Earthworm are in negotiation to build new facilities on the site, with the potential to supply power or gas.
Councillor Mazher Iqbal, cabinet member for business and investment at Sheffield City Council, said: “The project is part of a wider council strategy to support renewable energy and manufacturing across the region. It builds on previous investment in a new Sainsbury’s store which included improvements to Claywheels Lane and the Penistone Road junction.
“Following on consultation held in 2016 we will be working with residents including at Winn Gardens and Wadsley Park to make sure they are kept fully aware of the scheme and the opportunities it provides for jobs and the local economy, as well as promoting the benefits of sustainable businesses across the city.”