£100m to develop North East scheme
Plans have been backed for a £100m warehouse development at a major North East business park which, once complete, could generate thousands of jobs.
Richardson Barberry secured planning permission for the eight-warehouse scheme, comprising 830,500 sq ft of floorspace, on 42-acres at Forrest Park in Newton Aycliffe.
Forrest Park (Newton Aycliffe) Limited, a joint venture by Durham County Council and landowner the Forrest family, has signed a development agreement with Richardson Barberry for the scheme with the aim of providing 1.8m sq ft of industrial space across the next ten years.
Durham County Council has approved the company’s plans for the first phase development of 830,500 sq ft of warehouse/logistics space on 42-acres of the 116-acre site at Forrest Park.
Earthworks are expected to begin on site next year and over the next 10 years the park will provide 1.8 million sq ft of industrial space making Aycliffe Business Park the largest in the North East.
Jonathan Robinson, Barberry Industrial development director, said: “Our Phase 1 Reserved Matters planning consent marks a major step forward for what is a hugely important development for the region.
“We are excited at the prospect of starting work soon to deliver one of the North East’s premier business parks, which will stimulate economic growth and create thousands of new jobs. We are speaking with several occupiers who are interested in the scheme and hope to announce some more good news during 2023.
“Forrest Park is a highly attractive location for a range of major businesses. £13 million of infrastructure has been installed on the site, including 24 MVA substation and utility connections, and a new signalised junction providing access to and from the rest of Aycliffe Business Park and the A1(M).
“The first eight units will be available in a wide range of sizes, from around 37,000 sq ft to 260,000 sq ft. We’ve already had interest from local, regional, national and international occupiers in this prominent, motorway-connected, serviced and consented site. It is oven-ready for development and has access to an excellent, skilled labour demographic.”
