EXCLUSIVE: Planning won for million ft2 plus logistics scheme in Suffolk
Equation Properties and Bridges Fund Management have secured planning permission for a 1 million ft2 plus industrial and logistics scheme in Suffolk, East of England.
By Liza Helps, Property Editor, Logistics Matters
THE PROPOSALS will see the redevelopment of Shepherds Grove Industrial Estate near Stanton to provide four warehouse units totaling 1,033 million ft2 on a 59.62 acre siet.
Known as Sentinel Park, the scheme is expected to create up to 3,500 jobs, boost the economy, and deliver much-needed warehousing to meet a regional shortfall, driven by the success of nearby Felixstowe and Lowestoft ports, the construction of Sizewell C, and the district’s strengths in agriculture, biotechnology, and others growing sectors.
According t the indicative masterplan the four units will total 630,862 ft2,149,803 ft2, 219,793 ft2 and 32,899 ft2 will be built to achieve BREEAM Excellent and EPC A ratings, featuring 20% EV charging points and renewable power sources.
The scheme is situated on the A143, which provides connectivity to the A14 (11 miles) and onwards to key motorways such as the M11, A11, A1(M), M25, M1 and M6 motorways.
Joint agents are M1 Agency and Penn Commercial
