Leading property developer Albion Land has announced exciting
plans for a new £35 million-plus development in
Northamptonshire that could create up to 1,000 jobs.
The proposals comprise approximately 400,000 sq ft (38,000 sq
metres) of mixed-use commercial buildings in the area known locally
as Horsepower Highway. The area attracts motorsport and high value
manufacturing occupiers due to the proximity of Silverstone race
circuit, the excellent road links and the pool of skilled
labour.
The development, to be known as Network 401, will be on a
25-acre site at Brackley between the Northampton Road and the A43,
a prominent location at the northern entrance to the market town.
The A43 provides a dual carriageway link to J10 of the M40 and J15a
of the M1.
Albion Land's scheme could also resolve the question mark over
the future of Brackley Cottage Hospital, with a proposed 60,000 sq
ft health care campus providing new doctors' surgeries, care beds
and dental surgery included in the plans.
Simon Parsons, director of Albion Land, said: "Network 401 will
be a high quality mixed-use development as befits the location and
the growth plans for Brackley. The development will reflect
specific occupier requirements and we would expect the completed
project to create up to 1,000 jobs and substantial inward
investment."
He said all commercial uses were possible and the site was
likely to attract high value manufacturing and research and
development activity. "The A43 is referred to as the Horsepower
Highway due to the proximity of Silverstone and the high number of
motorsport related businesses in the area. The site is likely to be
popular with motorsport occupiers, and those organisations wanting
bespoke facilities in a high-profile location."
Mr Parsons added: "We believe this site has a key role in
contributing to the economic development needs of the town and to
broaden the range of facilities available to the local community.
We are hopeful that the scheme may also resolve the long-running
proposal to replace Brackley Cottage Hospital and to provide a site
for enlarged healthcare facilities which are required to meet the
needs of the growing resident population."
Albion Land hopes to start construction at Network 401 during
the second quarter of 2012. For further information contact: Simon
Parsons, Albion Land, on 0207 4863055, or agents Chris White, of
White Commercial, on 01295 271000, or email
chris@whitecommercial.co.uk, or Clive Thompson, of Berry Morris, on
Tel 01295 273555 or clive@berrymorris.co.uk.