On Wednesday the 8th June clients Verdant Regeneration were granted planning permission for the redevelopment of the 200 acre New Stanton Park near J25 of the M1. This important scheme has the potential to deliver up to 4,000 jobs in approximately 2 million sq ft of new build warehouse and industrial space with the ability to deliver a single building of around 1 million sq ft.
Chris Drummond of joint agents TDB Real Estate said: “This is excellent news for my clients Verdant Regeneration who have been working tirelessly for the last 2 years to try and secure planning permission on this major site that offers so much potential for economic growth in the area. The number of enquiries that both joint agents have been receiving has been enormously encouraging, not just from large space users but a number of local companies as well. This will give enormous encouragement to a number of businesses in the area that are simply struggling to find any new build opportunities in order to satisfy their expansion/relocation requirements. At long last we will be able to start some meaningful and progressive conversations.” Details will be provided in due course.
The new development is being jointly marketed by TDB Real Estate and M1 Agency (James Keeton).