258,000 sq ft industrial development ‘on schedule’ as steel construction begins

258,000 sq ft industrial development ‘on schedule’ as steel construction begins

28 November 2019

MEPC’s latest 258,000 sq ft speculative industrial scheme at Silverstone Park is progressing on schedule with the first signs of steel construction works in mid-November.

The scheme is on land that falls inside the estate’s Enterprise Zone – thereby offering qualifying businesses who take up properties there significant rates relief for up to five years.

A total of 13 industrial units are earmarked for the scheme – six terraced and a further seven detached. These will range from just over 6,000 sq ft to 40,000 sq ft in size.

Construction is scheduled to be completed in summer 2020.

MEPC anticipates swift take-up of the accommodation which it believes will appeal to businesses with growth ambitions.

The land is already serviced with a new supply of gas, water and electricity which have been installed recently to complete a six-year utilities upgrade by MEPC.

CLICK HERE for further details of the scheme including specifications of individual units, plus a new timelapse video of the construction works in action between October and November.

MEPC’s Roz Bird, Commercial Director at Silverstone Park, said: “Barnwood Construction Ltd have made a really good start on site, in spite of some challenging weather conditions.

“Sub-soil is being stabilised and the creation of both a spine road and building platforms is well under way. Steel is now starting to go up for the northern terraced units (nos. 1140-1142).

“They are transforming the land and turning our vision into reality in terms of new buildings and campus style facilities for the next group of companies that want to join the Silverstone Park business community.”

Roz added: “I have visited the site. It’s very exciting to see the transformation. We’ve spent nine months working on the planning application and the detailed design and we are now seeing it all materialise, before our eyes.

“I love turning plans into action – there is nothing better!”

Related articles:
MEPC increases speculative industrial development at Silverstone Park to 258,000 sq ft.

“Massive step forward for Silverstone Park” as 6-year utilities upgrade nears completion.
Silverstone Park “at the forefront” of Enterprise Zone use.