business
Steelworks Site Transformed In £6m Rotherham Business Park Development
![Templeborough groundbreaking]()
Templeborough groundbreaking
Rotherham Council and the Magna Science Adventure Centre have appointed HBC Construction Limited to deliver a £6 million business zone development in Templeborough.
Work began in June 2026 on the project, named Steelos Business Park in a nod to the 19th-century steelmaker Steel, Peech and Tozer, whose former Templeborough steelworks now houses the adventure centre. The development will create eight flexible business units totalling almost 10,000 square feet, comprising six commercial workspaces and two food-and-beverage outlets.
The project is designed to support small and medium-sized enterprises (SMEs) and is funded through the central government’s Town Deal initiative. The site connects directly to the Magna tram-train station, which opened in April 2026, linking the development to Sheffield and Rotherham.
HBC, Rotherham Council, and Magna are targeting completion by the second quarter of 2027, with the scheme being delivered via the YORbuild3 Medium Works procurement framework.
Cllr Chris Read, Leader of Rotherham Council, said: “Templeborough is a key part of Rotherham’s industrial story, and is already home to numerous small business sites. Today it lies at the heart of the Don Valley Corridor, our new Mayoral Development Zone, as a shared local priority for future growth. So it’s great to be on site with Magna as work commences on this next phase of business space. It’s a great opportunity to strengthen our local economy, now of course with direct links to the tram-train network and, in the future, Gateway Station. Working with Magna and HBC Construction, we’re delivering on our commitment to making sure our places are thriving.”
![Templeborough groundbreaking]()
Templeborough groundbreaking
Richard Hammill, Chief Executive of Magna, said: “It’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."
Lee Powell, Managing Director of HBC, said: “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.”