A family-run, Barnsley-based property and land company, has unveiled the highly anticipated next phase of development for Penistone’s coal drops, signal house, and former railway siding site.
With this next stage of the site’s transformative journey, Fairbank Investments is marking a significant moment in Penistone’s history, with the development promising an inspiring blend of heritage preservation and modern rejuvenation.
The new designs, including business units, office space, retail and restaurant units, demonstrate how Fairbank Investments envisages how the coal drops and the land will look once fully transformed. The plans are subject to final approval.
Steeped in history, the coal drops site stands as a poignant reminder of Penistone’s industrial past. In recognition of its cultural significance, Fairbank Investments has embraced the opportunity to breathe new life into these iconic structures, preserving their heritage while welcoming a new era of prosperity.
Fairbank Investments has a proven track record of sustainable development projects such as the former David Brown factory on Green Road in Penistone. The company revitalised the site after transforming it into a new business park with 15,000 sq ft of offices and a further 66,000 sq ft of warehouse space, creating new jobs and attracting multiple businesses to the area.
Antony Green, Managing Director of Fairbank Investments, said: “Our vision extends beyond bricks and mortar; it’s about creating a lasting legacy that enriches the fabric of Penistone’s identity. We’re honoured to play a role in shaping the future of this historic site.
“Working in tandem with local authorities and community groups, we pride ourselves on delivering positive, proactive development results and have demonstrated this repeatedly over many years of business success.
“We turned the redundant site at the old David Brown site in Penistone into the thriving Fairfield Business Park, generating employment and helping multiple start-up companies and we intend to do the same at the coal drops site.
“Our current development represents a bright new beginning for a site that without our investment and vision would have likely remained a permanent wasteland.”
