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Home > News > Major inve...

Major investment and regeneration scheme to create 500 new jobs in Northamptonshire

Development specialist Ashfield Land has submitted a planning application for a major new commercial scheme known as Rushden Gateway, on the A45 at Rushden, Northamptonshire.

The project – estimated to create approximately 500 new jobs – is for the development of circa 28-acres to include retail and business space as well as a care home, in a comprehensive landscaped setting.

Rushden Gateway fronts the A45, next to Crown Park (where Waitrose, Wicks and Vets4pets, along with numerous other businesses, are already established) and opposite the newly opened Rushden Lakes retail and leisure development.

The detailed application includes a new 18,600 sq ft (1,725m2) food store, 24,800 sq ft (2,300m2) of non-food retail floor space, a 2,000 sq ft (185m2) drive-thru, a 60-bed unit care home as well as 200,000 sq ft (18,578m2) of business floor space.

Nick Jones, Director of Ashfield Land, said: “This is a substantial investment to deliver jobs and new business space for Rushden. The development of nearly 300,000 sq ft space proposed at Rushden Gateway will attract and support new and growing businesses as well as making a major contribution to the local economy.’’

In addition to the estimated 500 new jobs, 120 further jobs will be either directly or indirectly created through construction, due to commence in 2019 (subject to planning). The total economic output for Rushden Gateway is estimated at nearly £17 million per annum.

Simon Toseland, a director of the retained regional agent Prop-Search, commented: “The Rushden Gateway scheme will be anchored by a pre-let (subject to planning) of the expanding and highly-successful operator Aldi. As well as the retail element of the scheme, business units ranging from circa 5,000 sq ft to 80,000 sq ft will be available and squarely aimed at addressing the chronic shortage of business space within the local market.”

In addition to the new buildings, the plans include areas of public space and car parking, all within a carefully designed and landscaped setting. Ashfield Land acquired the Rushden Gateway site from Barratt Homes in January 2016 and has subsequently undertaken detailed consultations on the proposals both with the local authority and general public.

The site is allocated for commercial development within the East Northamptonshire Council local plan.

 

Source: East Midlands Business Link

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