Developer Roxhill has officially launched its 240 acre distribution and manufacturing park Gateway Peterborough in the East Midlands.
The scheme which could accommodate up to 5 million sq ft is expected to create up to 8,000 jobs.
Charles Blake of Roxhill Developments said: “The reason why Roxhill is so committed to Peterborough, is that we’re impressed with its ambition to grow as a city. Work is now starting on the infrastructure of the site and we hope to bring news of potential occupiers in the near future.”
Detailed planning permission has been obtained for 1.8 million sq ft of B1, B2 and B8 uses with no operational restrictions. The remaining land benefits from outline planning consent for the same uses. The park is accessed at Junction 1 of the Fletton Parkway adjacent to Junction 17 of the A1(M) motorway. The first phase of building work includes a dual carriageway to provide access to the park, along with several roads through it.
Buildings on offer will range from 95,000 sq ft to a massive 1.3 million sq ft. Joint letting agents are North Rae Sanders, Bidwells and Burbage Realty.