Thames Enterprise Park Limited, a joint venture between ALMCOR and Greenergy, has been given the planning permission from Thurrock Council for one of the most significant brownfield regeneration projects in the South East of England.
Regeneration of former Coryton oil refinery site is set to create 5,500 new jobs and expected to add £350 million per year to the local economy.
The development is set to transform 412 acres of brownfield land into a new commercial district with the first plots expected to be ready for development during 2023.
The development will be built with ‘sustainability’ in mind and will comprise construction to the “highest standards” of energy efficiency. It will help occupiers to deliver on ESG requirements and feature next generation energy technologies that contribute to the decarbonisation agenda.
Rupert Wood, Head of Strategic Land at ALMCOR, speaking on behalf of Thames Enterprise Park said: “Thames Enterprise Park is a once-in-a-generation regeneration project and we are very pleased to secure the support of Thurrock Council’s planning committee.
“The project will create 5,500 jobs and will play a transformational role for Thurrock and for Thames Freeport, bringing this former employment site back into use with up to 3.7 million ft2 of modern, sustainable business space. It will also create one of the most significant employment-led regeneration projects in the South-East of England.”