Press Releases and Notices
| November 11, 2006. KINGSWAY SUBMITS PLANS FOR SPECULATIVE PHASE |
KINGSWAY SUBMITS PLANS FOR SPECULATIVE PHASE
Wilson Bowden, developers of the £350m mixed-use Kingsway development in Rochdale, Greater Manchester have submitted plans this month for its first phase on a five hectare plot within the Park.
The development which will be built speculatively will comprise three units of 20,000 sq ft (1,858 sq m), 35,000sq ft (3,252 sq m) and 56,000 sq ft (5,202 sq m) with a fourth unit of 70,000 sq ft (6,503 sq m) available on a bespoke design and build basis. The buildings will have associated parking, servicing and high quality landscaping in keeping with the Masterplan for the Park.
Planning
approval is sought for B1(C) general industrial use, B2 storage and B8
distribution (B8). The plot will be accessed and bounded by the
primary spine road and a secondary loop road and includes greenways
cycle and pedestrian routes.
Robert Grafton, Regional Director at Wilson Bowden Developments comments for the Kingsway Partnership:
“We have always felt that the market in and around Rochdale itself if strong enough to build speculatively however because of Rochdale’s strategic location in the UK, we have great confidence going forward that this scheme will also appeal nationally and potentially internationally.”
Rob Green, Operations Director for Kingsway at the Northwest Regional Development Agency comments for the Kingsway Partnership:
“The overall concept of the Kingsway is to create a high quality mixed-use scheme within an attractive landscaped setting. This application is an important step in realising this objective and creating a business park at the forefront of economic development and regeneration of Rochdale and Greater Manchester.”
The Manchester offices of Dunlop Haywards and Jones Lang Lasalle are the retained agents for this development.
Peter Gallagher, Director Head of Agency at Dunlop Haywards is confident of the schemes success “the level of enquiries and good quality end-users wanting to make a commitment right now, in advance of a start on this plot, underlines exactly how good the overall Kingsway offer really is”
Ends
For further information, please contact Justine McGuinn or Leona Thompson at FD Tamesis on 0161 834 3834 or email Justine@tamesis-mcr.com or leona@tamesis-mcr.com
About Kingsway
Kingsway is a £350 million, private sector investment; proposed business focused mixed use development of 170 hectare (420 acre) gross area, with a 115 hectare (285 acre) net developable area.
The site is located within the borough of Rochdale, Greater Manchester and is situated on the edge of the M62 and the A664 at Junction 21.
Kingsway is one of the largest developments of its kind in the UK with 3,071,732 sq ft of industrial and distribution space, 295,867 sq ft of office space and 196, 435 sq ft of retail and leisure space with a current allocation of 300 units for residential purposes, Kingsway has a total commercial floor space (B1/B2/B8) 3.6m sq ft.
As a key economic driver for the regeneration of Rochdale and Greater Manchester, Kingsway is one of the North West Regional Development Agency’s (NWDA) 25 strategic sites.
Kingsway is a joint venture between the Northwest Regional Development Agency and Wilson Bowden Developments in association with Rochdale Borough Council.