Two separate schemes have been approved for the next phase of industrial development at Symmetry Park in Bicester.
Cherwell District Council’s planning committee approved Tritax Symmetry’s plans which include one application for a 268,765 sq ft distribution warehouse and another for two units, one of 172,180 sq ft and one of 90,298 sq ft.
The 14-acre site, known as Plot C, is the last developable section on the first phase of the 53-acre park which has capacity for up to 755,000 sq ft of logistics floor space in total.
Marcus Phayer, associate development director at Tritax Symmetry, said: “Bicester is a strategic destination home to a stellar occupier line-up. The flexibility of having planning consent for two scheme options is a real positive that should enable us to react quickly to market conditions.
“With existing stock in short supply and with many occupiers focusing on the here and now, we hope to confirm a speculative programme of development for one of the scheme options in the near future.”
The new development, which was designed by PHP, will be of net zero carbon construction.
The project team includes Savills as project manager and joint letting agents Savills and DTRE.
Image shows the proposal for two units.
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