Outline planning permission has been submitted for a 25ha employment scheme at Roman Way in Preston.
HBD and the Barnfield Group have put forward the plans, which, if approved, has the potential to create around 1,500 jobs.
The proposed development would deliver circa 800,000 sq. ft. of new industrial and warehouse space, helping to ease the significant shortage of suitable buildings within the region.
The site, an allocated employment site within Preston City Council's Local Plan, sits to the east of the existing Roman Way Industrial Estate; a large and well-established industrial development.
Chris Newsome, Senior Development Surveyor at HBD, said: "The site is very well-connected, close to the motorway network and within just 1.2 miles of the M6, making it an ideal location for an industrial scheme of this caliber. It also sits adjacent to the very successful Roman Way Industrial Estate and would help to address the shortage of high-quality industrial space within the region, while providing thousands of new jobs."
If the planning application is successful, infrastructure work would start on site later this year.
Tracy Clavell-Bate, Head of Development for Barnfield Group, said: "It is great to get the site to the planning stage; it hasn’t been without its challenges, but we are sure with it being a natural extension to the existing Roman Way site, which is fully occupied, that the development will be extremely successful if planning is granted."
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