PLANS for a new multi-million-pound development in Christchurch have reached a major milestone.

John Reid & Sons – better known as REIDsteel – has acquired a 2.2-acre plot immediately next to its existing headquarters in Christchurch.

The site, which was formerly occupied by Peeks Party Store and Monkey Madness soft play centre, has been earmarked for state-of-the-art manufacturing complex, new offices and staff facilities.

REIDsteel say the development will allow it to “considerably enhance” its ability to design, engineer, manufacture, and supply steel structures.

The company’s managing director, Simon Boyd, signed the deal with site stakeholder Nick Peek in Christchurch.

Simon said: “This is a major milestone in our redevelopment plans for the company.

“It is great news and represents major investment in our business, the local economy, the Christchurch community, and the county of Dorset.

“It will regenerate a vacant brownfield site in a key location within the town while allowing us to move forward with our exciting redevelopment plans.

Bournemouth Echo: Artist's impression of how REIDsteel's new manufacturing facility, offices and staff centre may look Artist's impression of how REIDsteel's new manufacturing facility, offices and staff centre may look (Image: Deep South Media)

“This will mean that we can significantly increase productivity and create more highly skilled employment and apprenticeships, while cutting our carbon footprint.”

Full planning permission has been gained for the development, which will include a production yard, staff parking, environmental improvements, and landscaping.

It will also include rooftop solar panels and electric vehicle charging points.

The company say it will continue with current operations on its site throughout the redevelopment process.

Simon added: “The whole team at REIDsteel are excited about the acquisition and redevelopment of the site in the near future.

“My thanks to every single member of our team for their unwavering support over the past few years and to Nick Peek for the key role he played in supporting our bid to redevelop the site for the benefit of all stakeholders.

“Investment of this kind further reinforces our belief that business is a force for good. It is not just for the owners, but for our people, the local economy and community as well as for the national economy and HM Treasury.

“We are looking forward to announcing more details about our plans in due course.”