Omega North Set to Welcome First Major Occupier
12.07.12 Company: Miller Developments
Omega Warrington Ltd (OWL) has submitted a Reserved Matters planning application for an 18,500sq m (200,000 sq ft) distribution warehouse on Omega North in Warrington, Cheshire. The application is to provide accommodation for Omega North’s first major occupier.
The new occupier, who cannot be named at this stage, will be taking the logistics space on a 7.24 ha (17.9 acres) plot. A positive decision on the planning application would mark the start of development on Omega North, the 32 ha (80 acres) part of the larger 233 ha (575 acre), multi-million sq ft mixed-use Omega scheme at junction 8 of the M62.
Works for the new development will also include an infrastructure contract of over £7m for an access road and associated services, which will open up Omega North for further industrial/ logistics development opportunities.
OWL is a joint venture between Miller Developments and KUC Properties Ltd, in partnership with The Homes and Communities Agency and supported by Warrington Borough Council.
Andrew Sutherland, Joint Managing Director for Miller Developments comments on behalf of the partnership: “Following an extremely challenging period for the property market as a whole, this planning submission marks a great leap forward for Omega North. With the associated infrastructure the deal will bring and outline planning consent already in place for 1.6m sqft of industrial and warehousing space, Omega North is ready to capitalise on the supply shortage in the North West for large distribution units.”
Councillor Terry O’Neill, Leader of Warrington Borough Council comments: “We have always maintained that the Omega site offers an almost unrivalled opportunity in the north west to create a commercial location of national significance. The council has worked closely with Miller and other partners throughout this process to ensure this development is realised and hundreds of local jobs are created. The benefits of this scheme however will extend far beyond the boundaries Warrington and Cheshire.”
Pending a positive planning outcome, practical completion for the building and associated infrastructure is programmed for August 2013.
Chetwoods are the architects, GVA Grimley is the planning consultant on the project and Jones Lang LaSalle and GVA Grimley are joint letting/funding agents.