Land Securities has signed up Debenhams to open a 62,000-ft² (approx. 5,800-m²) department store on the Ravenside Retail Park, close to the center of Chesterfield.
The new store will take the recently demolished old Focus unit on the park and is expected to open in autumn 2012.
Jack Busby, Portfolio Director for Retail Warehousing at Land Securities said: "We are delighted to welcome Debenhams to Chesterfield in what is a significant step in moving the fashion offer forward.
Ravenside has a loyal following and this will further cement the park's place as a stand-alone shopping destination. It also demonstrates our belief that for the right store in the right location, there is interest from retailers for space."
Rob Hadfield, Head of Property at Debenhams said: "We have long felt Chesterfield is an exciting destination for a potential Debenhams store and we are delighted to be bringing a full range department store to the people of Chesterfield. We are confident that our store will not only enhance the choice for Chesterfield's shoppers but also add significantly to the shopping attraction of the town.
"We have worked closely and effectively with Land Securities to ensure that we deliver something truly exciting to Ravenside Retail Park and moreover, Chesterfield."
Ravenside Retail Park attracts over 20,000 visitors a week and has over 400 car park spaces.
Colliers and Harvey Spack Field represented Land Securities and Jones Lang LaSalle represented Debenhams.
Source: Land Securities