Thames Enterprise Park, a billion-pound regeneration project at the former Coryton oil refinery, has taken a significant step forward in its planning application after developers submitted supporting documents to Thurrock Borough Council, following their request.
The planning proposal is to create new manufacturing, energy and logistics super hub over the 412 acres of the former oil refinery which closed in 2012, creating a green, clean and commercially relevant place of employment, which, if approved, should create up to 5500 jobs and add £340 million (GVA) to the local economy.
Thames Enterprise Park will also be partnering with DP World London Gateway, Port of Tilbury and Ford Dagenham on the Thames Freeport bid, which is an opportunity to create over 25000 new jobs over a site spanning more than 1600 acres, though the decision on this is to be made by the UK Government and is separate from the decision on Thames Enterprise Park.
John Whittingham, director of Thames Enterprise Park said “Thames Enterprise Park represents a billion-pound inward investment proposition which will be truly transformational for Thurrock and for the Thames Estuary. Once planning consent is granted by Thurrock Council, we will move rapidly into the construction phase so that we can realise these benefits for Thurrock and the estuary region as soon as possible.”
The planned regeneration is the largest brownfield regeneration in Europe and is nearly two miles long at its widest point. The project has already had eight and a half million pounds invested into it to try to ensure that construction can start as soon as planning is granted, with the hope that phase one will be up and running within 24 months, with some firms already showing occupier interest in the scheme.
A decision on the planning is anticipated early in the summer.
Photo source: Thames Enterprise Park
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