Tritax Big Box Developments has revealed plans for new phases at three of its major logistics parks in Oxford, Bicester, and Biggleswade, with a further 2.57 million sq ft development planned.
At Tritax Park Oxford, the firm has submitted plans to build 1.75 million sq ft of accommodation across nine units ranging in size from 98,000 sq ft up to 317,000 sq ft. Extending up to 160 acres, the park is situated directly alongside the M40 at J9 and the A41.
The second phase of development is expected to create around 220 construction jobs, 2,105 jobs during operation, and generate up to £9.87m of business rates per year.
This phase at Tritax Park Oxford comes as TBBD is midway through the development of a 600,000 sq ft production facility for Siemens Healthineers on phase one.
Once operational, the Siemens site will be used to design and manufacture superconducting magnets for MRI patient scans in healthcare facilities globally and will support more than 1,300 skilled jobs.
Meanwhile, at Symmetry Park Biggleswade, TBBD has commenced the development of a bespoke 65,847 sq ft facility for Warburtons, along with four high-quality logistics buildings totalling over 750,000 sq ft, ranging in size from 139,500 sq ft up to 287,200 sq ft.
The facilities will be completed in stages over a six-month period, starting from Autumn 2025 onwards.
Finally, TBBD has submitted a detailed planning application to Cherwell District Council for phase three at Symmetry Park Bicester. The plans would deliver 270,000 sq ft of industrial and logistics space across two mid-box units measuring 155,000 sq ft and 115,000 sq ft.
Tom Leeming, director at Tritax Big Box Developments, said: “Bringing forward multiple phases of development at these well-established schemes further underlines our team’s ability to identify and create best in class space for our existing and prospective clients in prime locations, such as these sites across the Oxford-Cambridge corridor.”
Read about Tritax developments here: https://www.tritaxbigbox.co.uk/
https://couriernews.co.uk/blog/tritax-developments-to-create-thousands-of-jobs/