Developer Jaynic is seeking detailed planning consent for two major distribution sheds totalling 350,000 sq ft at its 114-acre Suffolk Park scheme near Bury St Edmunds.
The reserved matters application submitted to St Edmunds bury Borough Council is for one unit of 205,000 sq ft and one of 150,000 sq ft. Jaynic plans to develop them speculatively to capture unsatisfied demand from occupiers seeking to lease large distribution space along the A14 corridor.
Simon Wilson, Suffolk Park project director at Jaynic said “We are aiming for a decision by Autumn 2017. A positive outcome would enable us to have units ready for occupation in Quarter three3, 2018, comfortably ahead of anything comparable in the East of England region.”
Richard Sullivan, Savills’ national head of industrial and logistics adds: “The supply of large, good quality industrial and distribution units in the UK is at an all-time low. The ability to deliver units of this size and specification into the region offers an excellent opportunity to attract new occupiers to Bury St Edmunds as demand from a wide-range of logistics operators remains at an all-time high.”