The 50-acre former Rolls Royce site in Merseyside is to be redeveloped to provide up to 700,000ft² of industrial and logistics space.
Mutual life, pensions and investment company, Royal London, has submitted plans for the sites’ redevelopment to provide five warehouses between 18,000ft² and 210,000ft². Planning has been granted already for two units totalling 100,000ft². The scheme is known as Atlantic Park.
Royal London acquired the leasehold of the Atlantic Park site in 2003 with a view of bringing forward development, however the global recession hindered progress on site following the granting of a long-term outline permission for an extensive employment led redevelopment of the park in 2006.
Subject to planning approval, it is estimated that the redeveloped Atlantic Park could create around 1,250 jobs.