Plan to build four new industrial units up to 100,000 sq ft at Silverstone Park submitted to council

Development produced after feedback from companies looking for larger sites at business park
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A planning application to build four more industrial units up to nearly 100,000 sq ft in size at Silverstone Park has been submitted to the council.

MEPC, which manages the business park next to Silverstone Circuit, wants to expand the 'enterprise zone' by just over 265,000 sq ft.

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The development would be the third phase of the project, which is now visible from Dadford Road and should be completed by the end of the year.

One of the new units at MEPC's latest 258,000 sq ft development at Silverstone ParkOne of the new units at MEPC's latest 258,000 sq ft development at Silverstone Park
One of the new units at MEPC's latest 258,000 sq ft development at Silverstone Park

Commercial director Roz Bird said: “The phase three designs are a response to enquiries received from companies looking for larger units, up to 100,000 sq ft.

“The team has worked hard to design a scheme that can satisfy this identified demand and also offer flexibility to split the units.

"It will also be possible to convert from standard industrial units to R&D facilities for companies.

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“Achieving planning consent in 2020 will bring the opportunity of a large, standalone facility at Silverstone Park closer to market.

“This means MEPC will be able to deliver a new 100,000 sq ft, shell and core building within nine to 12 months of starting discussions with a potential occupier.”

The four new units would be around 28,000 sq ft, 48,000 sq ft, 90,000 sq ft, and 98,000 sq ft.

A decision on the application for reserved matters consent is expected to be made by Buckinghamshire Council this summer.

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MEPC recently completed a major utilities upgrade to the whole site, creating fully serviced sites while a new spine road is currently under construction.

When completed later this year, the scheme will include new industrial units ranging in size from 6,000 sq ft to 40,000 sq ft - 258,000 sq ft in total.

In 2017, MEPC constructed 125,000 sq ft of industrial units, which are all now occupied, mainly by high-tech engineering businesses making advancements in areas such as electronics, software development, energy efficiency, aerodynamics and light-weighting.