Friday, December 13, 2013

News: Detailed plans for R-evolution submitted

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As quickly as outline plans gained approval, a detailed planning application has been submitted for the R-evolution development on the Advanced Manufacturing Park (AMP) in Rotherham.

The planning board at Rotherham Council approved outline plans by Harworth Estates this week for 100,000 sq ft of industrial units on seven acres of land, set to provide further high quality business and manufacturing floorspace.

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.

With outline plans for plots 2, 3 and 4 now granted conditionally, detailed plans, drawn up by planning consultants, Barton Willmore, have been submitted for plots 3 and 4 providing details of the appearance, scale, layout, landscaping and internal access. It is anticipated that detailed proposals relating to Plot 2 will be subject to a separate planning application.

Owen Michaelson, chief executive of Harworth Estates, said: "We are confident that this development will meet increasing market demand in a region where the availability of equivalent quality stock is reducing. We are delighted to have received support from Rotherham Council, whom we intend to provide with a high-quality business estate."

Tim O'Connell, business development manager of Rotherham Investment & Development Office (RiDO), the regeneration arm of Rotherham Council added: "The Advanced Manufacturing Park has a global reputation for expertise in advanced manufacturing technology, and there is strong demand from high quality manufacturing businesses, who want to join with the world-class companies already located here in Rotherham.

"We believe that the R-evolution project will further enhance the reputation of the AMP and benefit Rotherham through the creation of more high quality jobs and investment into the borough."

Plans are being finalised to enable Rotherham Council to purchase the completed development. The deal could unlock funding by providing a certain financial exit, created by an agreement to purchase the development on completion of construction in return for receiving the revenue generated from rent.

Last year Harworth Estates sold the fully-let, 87,500 sq ft Evolution development on the AMP for £7.2m.

Harworth Estates website

Images: Harworth Estates

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