Part of £1bn regeneration scheme up for sale
A major mixed-use industrial development which is part of a £1bn plan to transform an East Midlands town is up for sale.
Station Island at Wellingborough is part of the ambitious Stanton Cross scheme in the Northamptonshire town which will create more than 3,000 new jobs, open up over 1.5m sq ft of commercial space and see 3,750 new homes and new community facilities built.
The Station Island scheme will also include a new platform for the town’s railway station.
Bromwich Hardy are marketing the site jointly with Drake Commercial for Vistry Homes.
Bromwich Hardy partner Michelle Mills said: “Outline planning permission has already been obtained for a wide variety of commercial and residential uses at Station Island, which will undoubtedly be the premier development of its kind in the region,” Michelle said.
“The location, transport links and infrastructure will all be first class – St Pancras is less than an hour away on the train – and the development will create an unrivalled business environment which will be a beacon of excellence.
“The development will see the creation of a vibrant station commercial hub with the opportunity to convert the existing Round House, a former engine workshop, into a truly stunning office or leisure facility.
“Station Island provides the key link between Wellingborough town centre and Stanton Cross and provides a range of exciting development opportunities for both retail and employment uses.
“An incredible amount of work has already gone into getting these plans to this stage and the potential of the site is truly enormous. We are delighted to finally be able to offer the site to market and expect a huge interest.”
The site is split into four areas – the Station District, Mill Lane Quarter, Northern Neighbourhood and Employment Village