Harworth signs option agreement on Northamptonshire site capable of delivering 1.6m sq. ft of employment space

Harworth signs option agreement on Northamptonshire site capable of delivering 1.6m sq. ft of employment space

Harworth Group plc, a leading regenerator of land and property for sustainable development and investment, has entered into an option agreement to purchase the freehold to a 168-acre site south of the Junction 15 of the M1 in Northamptonshire. Located within a prime Midlands industrial area, Harworth intends to promote the land for sustainable employment use as part of the emerging West Northamptonshire Strategic Plan (“WNSP”).

Proposals for the site include the development of up to 1.6 million sq. ft of Grade A industrial & logistics space, alongside unique landscaping features and an ecological enhancement area. Together, these elements will provide a net increase of biodiversity and protect the heritage assets and vistas of the local area. The plans also include proactive management of existing woodland areas to further improve ecosystem resilience and connectivity across the scheme.

The proposed development will target Net Zero Carbon status, an EPC rating of A and BREEAM ‘Excellent’ certification. The landscaping and amenity elements of the design will also enhance the wellbeing of those working at and visiting the site.

The site is situated in an area identified for employment growth in the local Development Plan and is one of those being considered for allocation in the emerging WNSP. Harworth will work with local stakeholders to bring forward a planning proposal that delivers significant economic and social benefits to the local community while being an exemplar for sustainable building design, environmental protection and historic preservation.

The acquisition will add to Harworth’s already extensive 32.2m sq. ft industrial & logistics pipeline and provide opportunities to deliver its strategic objective of increasing direct development. It follows Harworth’s acquisition in November 2021 of its Rothwell site, elsewhere in Northamptonshire, which the Company is currently promoting for employment use.

David Cockroft, Regional Director – Midlands, Harworth Group plc:

“At Junction 15, Harworth will use its placemaking skills to deliver an industrial & logistics scheme with excellent sustainability credentials that meets the need for jobs and investment in the region, and positively responds to landscape and habitat requirements, while protecting the heritage of the local area. Harworth has significant experience of creating sustainable places where people want to live and work, and we look forward to working with local stakeholders to bring forward our vision for this site.”

 

Credit: Harworth plc

 

Wilson Browne