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Trebor Developments and Hillwood have secured detailed planning consent for major infrastructure works at Flagship Park Peterborough in the next significant step for the development of the scheme.

Works to prepare the site will continue throughout 2024 and it is now being promoted to occupiers to meet their future requirements.

The site benefits from outline planning permission for 1.36 million sq ft of commercial space, which the Church Commissioners for England secured in 2020, and is the next major employment scheme for Peterborough and the surrounding area. Industrial and logistics units from 30,000 to 850,000 sq ft can be provided to suit individual occupier requirements, with units expected to be delivered in both speculative phases and pre let/sales to tenants.

Further reserved matters planning applications are expected to be submitted during 2024.

Bob Tattrie, Managing Partner for Trebor, on behalf of the joint venture between Trebor/Hillwood commented, “We are excited to have reached this key milestone in the site’s development after many months of hard work. This site is an exciting new opportunity to deliver high quality, sustainable, new units to satisfy local occupier demand in Peterborough and wider Eastern region.”.

Joanna Loxton, Head of Strategic Land Investment at the Church Commissioners for England, said, “We are pleased to welcome this major step forward in our development partnership with Trebor/Hillwood at Flagship Park, which paves the way for a high-quality employment scheme in this
part of Peterborough. In line with the Church Commissioners for England’s original vision for the site, the new sustainable industrial park will create significant job opportunities and economic growth for the city, enabled by the delivery of units that support occupiers of all sizes.”

Bidwells and Savills are retained as joint letting agents acting for Trebor, Hillwood, and the Church Commissioners for England.

Trebor Developments and Hillwood, together with landowner the Church Commissioners for England, have entered into a long term agreement to develop the 127 acre Red Brick Farm site in Peterborough, which will be promoted as “Flagship Park”.

The scheme benefits from outline planning permission for 1.36 million sq ft of employment space, which the Church Commissioners secured in 2020.

Infrastructure and Phase One works will commence on site during 2023, to deliver a wide range of industrial accommodation (B1/B2/B8), from 20,000 sq ft to over 800,000 sq ft. The industrial units will be delivered either in speculative phases or pre-let/sales to meet occupiers’ specific requirements.

Bob Tattrie, Managing Partner for Trebor, on behalf of the joint venture between Trebor/Hillwood commented, “This major new site is exciting and will provide the opportunity to deliver a wide range of quality industrial units in the Peterborough and wider Eastern region.”

Joanna Loxton, Head of Strategic Land for the Church Commissioners for England, added: “We are pleased to see this important step forward at Flagship Park, which will bring new opportunities, investment and jobs to the city of Peterborough. Delivering high quality employment space that supports local communities through job creation forms a key part of our approach to our strategic landholdings. This scheme is the result of collaboration with several parties and we are thrilled with the offering we have achieved together. We look forward to working with our partners to progress the site.”

Trebor and Hillwood are represented by Savills (Peterborough office) and Bidwells. Church Commissioners for England are represented by Savills (London office). Marketing of the site has
commenced.

Trebor Developments and partner, Hillwood, with landowner Church Commissioners for England, have agreed terms to develop the 127 acre Red Brick Farm site in Peterborough, which will be promoted as “Flagship Park”.

Outline planning approval consent has now been granted, which will lead to infrastructure and Phase One works commencing on site in summer 2021, to deliver a wide range of industrial
accommodation (B1/B2/B8), from 20,000 sq ft to over 650,000 sq ft, delivered either in speculative phases or pre-let/sales phases to meet occupiers’ specific requirements. Terms have been agreed for the first major transaction.

Bob Tattrie, Managing Partner for Trebor, on behalf of Trebor/Hillwood commented, “This major new site is exciting and will provide the opportunity to deliver a wide range of quality industrial units in the Peterborough region. The partnership with the Church Commissioners for England was completed during the lockdown period and again, illustrates our ability to do deals despite the difficult UK circumstances.

Joanna Loxton, Head of Strategic Land for the Church Commissioners for England, added: “We are pleased to support the delivery of Flagship Park which will bring new opportunities, investment and jobs to the city of Peterborough. This scheme is the result of collaboration with several parties and we are thrilled with the offering we have achieved together.”

Trebor and Hillwood are represented by Savills (Peterborough office) and Bidwells. Church Commissioners for England are represented by Savills London. Marketing of the site has now
commenced.