Enstone Business Park has been granted outline planning permission by West Oxfordshire District Council for its redevelopment and expansion.
Now unveiled as Enstone Estate, the 310-acre development has estimated to has an estimated gross development value (GDV) of circa £210 million.
The estate owner Leven Holdings Limited will now embark on construction which should provide for 692,174ft² of flexible employment floorspace, alongside associated landscaping, drainage and infrastructure improvements.
The redevelopment will be delivered in phases, with a construction investment of circa £35m in phase 1 to provide 132,934ft² of new employment accommodation.
The first phase will offer flexible space from incubator studios and workshops through to R&D facilities, advanced manufacturing accommodation and bespoke global headquarters.
Designed by Spratley & Partners, the development will emphasise high-quality architecture, modern infrastructure, landscaping and environmental performance. Construction of phase 1 is currently targeted to begin in early 2027.
Chris Reeve, client representative, Enstone Estate, said: “Securing planning permission is an important milestone for Enstone and for our long-term commitment to West Oxfordshire.
“Britain has an extraordinary depth of talent, ingenuity and creativity, from engineering and advanced manufacturing to technology, design and the creative industries.
“From incubator space to global headquarters, we want Enstone to be somewhere businesses can establish themselves, grow and remain for the long term.
“The scale of our investment reflects our confidence in Enstone and its potential. Just as importantly, we want the estate’s development to create meaningful opportunities for local people and businesses, and to make a positive and lasting contribution to West Oxfordshire.”
