Developer Pochin has secured a planning extension for the third phase of its 450-acre Midpoint 18 development in Middlewich, Cheshire.
The third phase was originally granted planning permission in June 2008 before the recession kicked in. A new planning consent was required to retain the existing permissions.
Under UK planning law if a development has not started in any meaningful way within three years of a consent being given a new planning application has to be bought in full, however in October 2009 developers and individuals were given the right to apply for an extension to existing planning applications for a one off fee owing to the difficult financial climate.
Pochin plans to develop some 1.5 million sq ft of offices and warehouses on the Third Phase which will also include the completion of the Middlewich by-pass.
Lamonts and Matthews & Goodman are joint agents on Midpoint 18. HowPlanning is planning consultant.