Job boosting £105m business park opens
A £105m Yorkshire business park, which has the capacity to create 2,550 jobs, is now open for business.
Yorkshire property development company Glentrool Estates Group is transforming a 75-acre site at Junction 42 of the A1(M) Sherburn-in-Elmet, Leeds into a business and employment park.
Called Sherburn2, the site is next to Sherburn Park, whose occupiers include Debenhams, Sainsbury, Optare, Eddie Stobart and Kingspan.
A new bridge, linking the site to the B1222 Sherburn-Cawood road, has just been installed.
Jeremy Nolan, a director at Glentrool, said: “We are tremendously excited that the new bridge is now finished. Symbolically and practically, it opens up our development. It has been built over the historic Bishopdyke stream, transforming the site from an enclosed field to a high-quality employment park ready for business.
“The bridge itself boasts 50 piles, which are roughly 18 metres deep with 46,000 kg of steel reinforcement, and provides a statement entrance to Sherburn2. It measures 15 metres by 25 metres and has been constructed by our main contractors Peter Duffy of Wakefield, who have done a magnificent job. The opening of the bridge is a seismic shift and pivotal point in the development of Sherburn2.”
Nolan added: “Our development, which is now attracting strong interest from potential occupiers, with heads of terms out to a number of companies, will lead to significant inward investment – both during the construction phase over the course of the next few years and for many years to come.
“The infrastructure, which cost a total of £4.5m, is now in place so construction of the logistics and warehousing units, which range from 35,000 sq ft to 575,000 sq ft can begin the moment a deal is signed.”
Nolan said a funding package for the finance of the construction has been secured which will enable the “rapid delivery” of bespoke buildings on a design and build basis.
Nolan said: “I would like to thank both Selby District Council and the Local Enterprise Partnership for their tremendous support for Sherburn2. Their backing has enabled this project to get off the ground and we are determined to make them proud of what we achieve here.”
Nigel Adams, MP for Selby, said: “This development stands to reaffirm the Selby District is very much open for business and I’m pleased the project has already received significant interest from potential occupiers. I am also delighted the project has been made possible by the government’s Growing Places Fund and that it has had the full backing of the District Council throughout. I will look forward to seeing the site up and running in the coming months.”
Mike Dove, a partner with Yorkshire property consultancy Dove Haigh Phillips, said: “This is one of the most significant new development sites in the Yorkshire region, both in terms of the jobs it will create and the inward investment it will attract.”
Colliers International is joint agent with Dove Haigh Phillips.
