In 1989 CP Holdings and the Sitwell Estate formed a joint venture to redevelop the old Barlborough Colliery site along with some other areas of land already zoned in the Unitary Development Plan. Located just 500m from Junction 30 of the M1 Motorway, the land at Barlborough near Chesterfield presented a challenging strategic development opportunity.

The 300-acre site embraced the derelict and despoiled site of the former Barlborough Colliery and Opencast Coal Site, which required restoration. It also incorporated a substantial part of Barlborough Common and poor quality agricultural land. The north-western area contained a local sewage works which was nearing capacity and was scheduled for abandonment and replacement. Furthermore, the route of the proposed Barlborough bypass passed through the site which was in part, zoned for industrial use and opencast coal extraction.

Once Bolsover District Council approved the scheme, CP Holdings passed the project to its subsidiary company Waystone Limited, who have project managed and executed the scheme on behalf of the joint venture partners.

Over a period of twelve years the site has seen the development of over 80 acres of business and logistics parks, some 470 houses together with a hotel, hospital, garden centre, neighbourhood retail centre and a golf course. The company also provided significant community facilities including new playing fields and a local multi-use centre in the heart of the old village