With Milton Keynes being identified as a having a high potential to assist in the Country’s economic recovery, a significant new commercial development planned in the town could create over 600 new employment opportunities.
A new 230,000 sq ft distribution and manufacturing facility at Wymbush has just been granted outline planning consent by Milton Keynes Council. The proposed scheme – Centro:mk – by local commercial developer Hampton Brook in a joint venture partnership with Roxhill, is to be constructed on the site of the former Alps Electronics building which was demolished last year.
Ian Jackson, Development Director at Hampton Brook, said: “The creation of new jobs in the local community, which will help to rebuild Britain’s economy, is very much dependent on the availability of newly planned commercial schemes to support growth. Having now secured planning permission for this new project , we are able to offer a ‘shovel ready’ opportunity for companies looking to invest in the City and deliver sustainable good value buildings on budget and on time.”
“It also continues our commitment to investment and development in Milton Keynes having successfully delivered the award winning 206,000 sq ft Pinnacle office scheme, the HQ production facility for Morgana Systems at Knowhill and bespoke headquarters for Trek Cycles at Tilbrook. These have all provided private sector economic growth opportunities, lowering Milton Keynes’s vulnerability against any job losses which might come from the public sector.”
Pam Gosal, Corporate Head of Economic Development for Milton Keynes Council, said: “We welcome the real potential for job creation offered by this development. The provision of high quality business space for future investors in Milton Keynes is a fundamental element of our Economic Development Strategy. Also, the facility’s BREEAM ‘Excellent’ rating will underline Milton Keynes’ commitment to low carbon working environments.”
Centro is strategically located on the A5 Abbey Hill Interchange which is home to high profile occupiers including Volkswagon Group UK and Linpac Storage Systems. It will be constructed to achieve a BREEAM ‘Excellent’ rating for best practice in sustainable design and performance which will significantly reduce the running costs of the building for any occupier.
The outline planning consent allows for 230,000 sq ft of distribution/manufacturing space with 20 dock level loading bays, approximately 20,000 sq ft of office accommodation and car parking for approaching 250 vehicles.
The joint agents Burbage Realty, Lambert Smith Hampton and Budworth Hardcastle are offering Cento on a leasehold or freehold basis. Alternatively individual occupier requirements will be considered.