Leeds based Almscliffe-Dhesi Group (ADG) was formed in 2019 by Neil Creeney and Bal Singh to give new life to empty brownfield sites while also creating new jobs.
The development, which will be completed by the end of this year, is being sold to a private investor.
Mr Creeney, who worked for Yorkshire developers Opus North and S Harrison Developments before forming the property company, said:
“We are delighted to have started work on our new development in Stanley. It is also satisfying to be back in Stanley, which is where we completed our first successful development, converting the site of an old social club into a brand-new Toolstation store.
“Our blueprint involves locating a vacant visible, roadside site, preferably in Yorkshire, the North East or Humberside, and obtaining planning permission to develop it for retail and roadside uses. We have a number of excellent contacts for nationally renowned end-users, including supermarkets, drive-thru’ outlets and retail operators, who are looking for what we can provide.
“Our developments breathe new life into vacant brownfield sites and provide much-needed new facilities and jobs for towns such as Stanley.”