Major new site to be developed in Suffolk
Jaynic has appointed as development manager for Gateway 14, which is a wholly owned subsidiary of Mid Suffolk District Council.
The development is adjacent to junction 50 on the A14 at Stowmarket, Suffolk and will provide up to 2.3 million sq ft of business, logistics and commercial accommodation over the next 10-15 years, with the first buildings being available in 2021/2.
Jaynic has signed a 15-year development agreement with Gateway 14. A planning application will be submitted by the end of 2020, to enable a phased development on the 156-acre site.
Gateway 14 will consist of a mixed-use, market facing business park for warehousing and logistics with an innovation cluster within the “space to innovate” enterprise zone. The strategic aim is to benefit the wider economic area of Mid Suffolk, especially the growth of creative and technology businesses in the area, while also maximising opportunities for inward investment, job creation and wider community benefits.
It is intended that the main infrastructure will commence by Spring 2021 so that occupation can start in early 2022.
