Leeds developer submits plans for “landmark” Yorkshire business park
A Leeds-based developer has submitted plans for a “landmark” 52 acre business park in Catterick that will bring millions of pounds of investment and create hundreds of jobs.
Eshton Group, in association with Castlevale Ltd, put forward a vision to turn the site into an industrial hub, attracting businesses from across the UK to drive local investment and employment to the region. The park is to be branded Catterick 52.
Representing a major economic opportunity for Catterick, the business park will be aimed at industrial occupiers. As the UK faces a severe shortfall in warehouse availability and the fastest rise in prime headline rents since 2018, the development poses a solution to a national problem. Eshton hopes to attract tenants from across the UK, driving business and investment into the region to provide a significant economic boost.
James Chapman, managing director at Eshton, said: “Our plans present a landmark opportunity for Catterick and our vision for the scheme is to deliver jobs, investment and opportunity on a large scale, warrantied by the strategic location.
“The site will be marketed nationally at a time when there is a real and urgent need for quality commercial space, and Catterick has the potential to become a hotspot in the future of UK industry.
“You just have to look to the success of schemes of similar scale to understand the impact that a major commercial development could have on the area’s economy.
“Such schemes unlock countless commercial and economic opportunities within the local area, which have had a real impact on the lives of local people and the way that they are perceived both regionally and nationally.”
Martin Foster of Castlevale, added: “This must be one of the best sites in the north of the country for manufacturing and distribution. Castlevale is delighted to be working with Eshton Group who have a strong track record, proven experience and the resources to deliver this scheme and all the economic benefits it will bring to the region.”
Catterick 52 will be jointly marketed by the Leeds offices of Colliers and Dove Haigh Phillips.
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