Business & Economy
Work progresses on £90 million Newton Aycliffe industrial scheme
March 11, 2021
Work has begun on the latest phase of a £90 million industrial scheme in Newton Aycliffe.
A range of industrial units are now under construction at Station Place, part of a 65-acre development at Aycliffe Business Park, which is home to Hitachi Rail.
The new £4.8 million scheme on Site 2 at Merchant Park is set to provide 50,333sq ft of new industrial space.
Work will start on Station Place this month after planning permission was granted in December 2020.
The scheme is due to complete in early 2022 and will see a total of ten new units delivered for start-up and growing businesses and creating 130 jobs.
Durham County Council is supporting the development of the industrial units, after agreeing to a 35-year lease at Station Place in September 2019.
The units will be managed by Business Durham, the economic development arm of the council. The development is being delivered in partnership with Merchant Anglo and Rokeby Developments.
Sarah Slaven, interim managing director at Business Durham, said: “It’s exciting to see the next phase of Merchant Park underway as County Durham has a strong manufacturing sector and we know there is demand for modern industrial facilities.
“The development is a prime location for businesses to establish themselves in County Durham or for relocation and expansion, thanks to its high-quality industrial units, excellent transport links, and the thriving Aycliffe Business Park Community.
“We are looking forward to welcoming the first tenants to Station Place.”
Station Place is part of Aycliffe Business Park, which is the largest industrial Park in the North East.
Councillor Simon Henig, Leader of Durham County Council, said: “Supporting the development of strategic employment sites is a main priority for the council and we recognise the importance of meeting companies’ needs by offering high quality and flexible industrial units at key locations throughout the county.”