By Liza Helps, Property Editor, Logistics Matters

PROPOSALS For the second phase of the park envision nine units totalling 1.8 million ft2  ranging from 100,416.5 ft2 to 322,594.4 ft2 with eaves height from 15 – 18m.

Each unit which will be built to target BREEAM Excellent and an EPC A rating includes two storey mezzanine offices internally and a small hub office externally. Each warehouse unit has a profiled steel vaulted barrel roof

The logistics, industrial, and manufacturing development is located at Junction 9 of the M40 and the A41 and will benefit from its own dedicated energy centre as well as trim trail and multi use games area and gym.

The site, while not on the Oxford greenbelt, has been identified as a preferred employment site allocation for the Cherwell Local Plan Review 2042 Proposed Submission Plan.

The 604,000 ft2 Siemens Healthineers facility which made up the first phase of the development is used to design and manufacture superconducting magnets used for MRI patient scans and is part of the Government’s push for the development of the Oxford Cambridge arc.

It estimated that the construction phase will generate around 720 onsite construction jobs over the duration of the construction process and some 1440 full time equivalent onsite once operational.

The GVA added per year during the construction phase is estimated to be £8.3 million per year over 4 years. Finally, the on-site operational phase is expected to add around £54.2 million in GVA to the local economy a year. 

Joint letting agents are JLL and Savills.