Sainsbury's Supermarket has formally entered into a development agreement with B&R Developments to deliver a mixed-use project at Woods Mill in Glossop.
The proposed development, with B&R subsidiary Glossop Land, will include restaurants, retail, leisure and residential, centred around the proposed Sainsbury's store on land up to and including Woods Mill.
The scheme follows B&R's Howard Town Mill, scheduled for completion later this year. A planning application is expected to be submitted to High Peak Borough Council over the coming months.
Mike Ryan, director of B&R Developments, said: "Securing the commitment of Sainsbury's means that the regeneration of Glossop town centre can now be realistically achieved, bringing quality high street retailers, restaurants and bar operators such as Barracuda, which already signed up for space in Howard Town Mill. New leisure facilities and much needed affordable housing are also planned for the site."
"We have worked very closely with High Peak Borough Council for over five years to deliver Howard Town Mill and will continue to do so with the remainder of the regeneration of Glossop town centre."