We have been appointed by Magna and Rotherham Council to deliver the £6million ‘Templeborough Business Zone’ development, transforming the former steelworks area into a new hub for business growth and community activity.
Work begun on the scheme in June and will create eight new flexible business units totalling almost 10,000 sq. ft., including six commercial workspaces and two food-and-beverage units.
Complementing these workspaces, landscaped public spaces, outdoor seating, improved pedestrian access and parking provision will establish an attractive and accessible environment for businesses, visitors and the wider community.
Located next to the iconic Magna Science Adventure Centre, the development is designed to support small and medium-sized businesses – and is backed by government funding through the ‘Town Deal’ initiative.
The development will also benefit from enhanced regional connectivity, directly linking to the new Magna tram-train station, which opened in April, and further strengthens links between Templeborough, Sheffield and Rotherham.
We are targeting a completion date of Q2 2027 for the scheme, which is being delivered through the YORbuild3 Medium Works framework.
We’re proud to be delivering this key business project in Templeborough, an iconic industrial area in the region and one with incredible potential. The project allows us to build on our relationship with Rotherham Council, while we continue work on the Rotherham Markets redevelopment, and deliver a high-quality and collaborative public/private scheme alongside Magna.
Lee Powell, Managing DirectorTempleborough is a key part of Rotherham’s industrial story, and now we’re building its future, creating flexible, modern spaces for businesses to start up, grow and succeed. What’s particularly exciting is how this development connects everything together, new workspaces, attractive public areas, and direct links to the tram-train network and, in the future, Gateway Station. It’s not just about jobs, it’s about creating a vibrant, accessible destination. Working with Magna and HBC, we’re delivering on our commitment to making sure our places are thriving.
Cllr Chris Read, Leader, Rotherham Metropolitan Borough CouncilIt’s fantastic to see work now underway on this exciting development. This investment will help transform the area, creating new opportunities for businesses while enhancing the experience for everyone who visits Magna. We’re especially pleased that the name ‘Steelos’ has been retained. It reflects the proud industrial heritage of Templeborough and keeps alive an important part of the history of Magna, the former steelworks site, and the wider community. As the project progresses, we look forward to seeing this become a thriving business area that celebrates our past while supporting future growth.
Richard Hammill, Chief Executive, Magna
