Network Rail announces plans for Derby brownfield site
Network Rail has announced plans to develop a 70-acre site in Derbyshire.
The company, which plans to build a new depot close to the brownfield site, is looking for partners to get involved with the development.
The land, known as Chaddesden Triangle, is owned by Network Rail and has been identified by the city council as a regeneration priority.
Network Rail said it planned to sell off surplus land and use the new depot as its regional headquarters.
Chief Executive of Network Rail, David Higgins, said: "It is good news for jobs and it will give us the best chance to attract and retain, and get the best out of our workforce."
The firm said it was looking for partners to work with on the development of the former sand and gravel extraction site.
Leader of Derby City Council, Philip Hickson, said: "The council has been working with Network Rail for many months to bring this site to market.
"The site is a regeneration priority in an area which focuses on business uses."
Network Rail said all profits from the development will be invested in future rail projects.