New warehouse site could bring 1,250 jobs to Biggleswade, says developer
- Credit: Archant
A developer says 1,250 new jobs could be created in Biggleswade when it builds industrial units on a 50-acre piece of land it has just bought.
National logistics developer DB Symmetry has announced it has bought land at Pegasus Drive which it says could take some 1,000,000 sq ft of warehouse space.
The firm will look to bring in businesses to the site which will form phase six of the Central Bedforshire Council-owned Stratton Business Park.
The site already has outline planning consent for employment use B8 – which in planning speak means wholesale, warehouse, distribution centres or repositories.
It is not known what business will come to the site, but discussions are underway.
Originally developed in the early 1990s, the park has become a well-established employment location with major occupiers including Liebherr Cranes, Bibby Distribution, Jordans Dorset Ryvita and Kramp, among others.
Speaking about the purchase, DB Symmetry director Christian Matthews said: “Stratton Business Park is well regarded as a highly successful logistics destination and the home to many major brands.
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“We have been impressed by the occupier interest already generated by Phase 6 with a number of discussions underway, we look forward to announcing our first transactions in the near future.
“The site is located close to the A1 which offers excellent access to M25 and the greater London conurbation and therefore offers a credible alternative to the more established M1.”
He added: “We are continuing to increase our landbank for development across the UK, working closely with landowners, local authorities and occupiers to create large scale logistics hubs. This activity has been supported by the ongoing growth of our team.
“With the site now acquired, we’ll be submitting a detailed application in the forthcoming months.”
Central Beds Council has plans to earmark a number of key employment sites under the scope of its draft Local Plan, which will shape development in the area up to 2031. Search ‘Local Plan’ on centralbeds.gov.uk for more.