A 2.45 million ft2 industrial and logistics scheme in Suffolk has been given the go ahead councillors this week.
The Gateway14 development is adjacent to Junction 50 of the A14. The mixed-use park will comprise high-specification space, with potential to build E(g), B2 and B8 units and will be available on a bespoke and speculative basis.
Gateway 14 is a development by Gateway 14 which is wholly owned by Mid Suffolk District Council, and Jaynic which has a strong track record of implementing infrastructure and delivering high quality business and logistics parks on a speculative and bespoke basis in the East Anglian region.
Ben Oughton, development director for Jaynic, said: “This is tremendous news for Stowmarket and the region. Gateway 14, with its Freeport designation and proximity to Felixstowe, has already attracted significant interest from occupiers.”
Jaynic will be appointing contractors to go on site in the coming months to construct the estate road infrastructure, services and landscaping. It could be delivering buildings by the second quarter of 2022.
Designed to meet today’s business and future proofing, the scheme will feature high-quality landscaping meeting the requirement for a biodiversity net gain of 10%. There will be an enhanced biodiversity zone, to retain the site’s thriving ecology whilst creating a vibrant, attractive, and healthy working environment for employees.
Agents for the scheme are Savills and Avison Young.