Property developer Stoford and land promoter Gladman have partnered to deliver a new employment park at Wellesbourne Mountford Airfield, near Stratford-upon-Avon in Warwickshire.
The deal could release up to 140 acres of land along the M40 corridor and is part of a promotion strategy to provide a new runway and aviation facilities at the airfield.
The partners plan to share the detailed proposals for the site over the coming months and expect to submit a planning application by the summer.