Monday, October 21, 2013

News: Plans for R-evolution in Rotherham

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Plans have been submitted for the R-evolution development, part of the second phase of the Advanced Manufacturing Park (AMP) in Rotherham.

Landowner and developer, Harworth Estates, expect the employment growth of the AMP to go from 500 to 1,500 employees as they bring forward new, high quality developments. It plans to provide a range of industrial units, sized from 10,000 sq ft to 50,000 sq ft on the Waverley site.

Plans were approved last year for earthworks that will allow further development of around 21.5 hectares (53 acres) of land. 5.23 hectares (12.94 acres) of this could provide around 200,000 sq ft of high quality, modern, flexible industrial units.

Outline plans have now been submitted for the Plots 2, 3 and 4 of the R-evolution development and propose around 85,000 sq ft of high quality new business and manufacturing floorspace incorporating warehouse units and offices. The plans also include associated access roads, service yards and car parking. Further details on appearance and design, landscaping and travel plans will be covered in subsequent detailed plans.

Plans are being brought forward in this way as existing planning approvals mean that 123,000 sq ft of floorspace can be occupied before improvements to Highfield Spring and the Poplar Way/Morrisons roundabout are provided.

Separate proposals are also being progressed for Plot 1 and further plots will be subject to separate future planning applications.

In the plans, Barton Willmore, planning consultants, state: "The proposals build on the success of the AMP to date and represent Phase 2 of the development. This next phase, known R-evolution, will provide further high quality business, manufacturing and office floorspace

"These exciting proposals will further enhance the AMP and will continue to assist in the economic development and regeneration of this area of the Borough."

The application site is located within an Enterprise Zone which offer a business rate discount worth up to £275,000 per eligible business over a five year period.

Companies within the zone could also take advantage of enhanced capital allowances (instead of business rate discounts) in the form of up-front tax relief for major capital investments.

Interest in the development is expected to be high. Last year Harworth Estates, the company created to realise the property assets of what was UK Coal, sold the fully-let, 87,500 sq ft Evolution development on the AMP for £7.2m.

Lambert Smith Hampton and Colliers International are joint agents on the R-evolution scheme.

Harworth Estates website

Images: Harworth Estates

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