A planning application has been submitted for 2.45 million sq ft mega shed scheme at the Gateway 14 site in Stowmarket, Suffolk.
Gateway 14 is a development by Gateway 14 Ltd (wholly owned by Mid Suffolk District Council) and Jaynic that has a strong track record of implementing infrastructure and delivering high quality business and logistics parks on a speculative and bespoke basis in the East Anglian region.
Ben Oughton, development director for Jaynic, said: “We believe this scheme will be a great asset providing hundreds of jobs in the region on this important trunk road between the UK motorway network and the major ferry port of Felixstowe. We already have significant interest from companies wanting space at G14.”
Jaynic is hoping to appoint contractors to go on site in June upon grant of planning consent to construct the estate road infrastructure, services and landscaping. It could be delivering buildings by the first quarter of 2022.
The landmark development is strategically located in a prime position along the A14, perfectly situated for logistics and manufacturing. The A14 provides access to Ipswich and Felixstowe, as well as the A12 and the wider national motorway network. Gateway 14 bridges the gap between the Midlands and one of Europe’s largest and busiest container ports at Felixstowe.
An area of 42-acres has designated as an enterprise zone and has got food Enterprise status, giving businesses the resources to flourish, and regional economies the opportunity to grow. Incentives include business rates relief of up to £275,000 over five years.
Agents for the scheme are Savills and Avison Young.