Slough Borough Council has agreed to adopt simplified planning zone proposals that grant planning permission for a range of pre-agreed uses for the next 10 years at SEGRO’s Slough Trading Estate in Berkshire.
The proposals will replace the existing agreement from the end of next month, allowing the developer to deliver taller buildings on site, introduce new design and massing criteria and update landscape strategy. Accompanying the document is a section 106 agreement equating to a circa £20m contribution.
Pat Hayes, executive director of regeneration, housing and environment at Slough Borough Council, said: “This gives landlord SEGRO and its tenants, who include many of the country’s businesses as well as most of Europe’s internet capacity, planning certainty on future development while providing the borough with a single pot of section 106 funding far greater and co-ordinated than would ever be possible from individual planning consents.
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Slough Borough Council has agreed to adopt simplified planning zone proposals that grant planning permission for a range of pre-agreed uses for the next 10 years at SEGRO’s Slough Trading Estate in Berkshire.
The proposals will replace the existing agreement from the end of next month, allowing the developer to deliver taller buildings on site, introduce new design and massing criteria and update landscape strategy. Accompanying the document is a section 106 agreement equating to a circa £20m contribution.
Pat Hayes, executive director of regeneration, housing and environment at Slough Borough Council, said: “This gives landlord SEGRO and its tenants, who include many of the country’s businesses as well as most of Europe’s internet capacity, planning certainty on future development while providing the borough with a single pot of section 106 funding far greater and co-ordinated than would ever be possible from individual planning consents.
“The SPZ shows what can be achieved when the public and private sector work together for the wider benefit.”
Slough Trading Estate is both the largest business area in the borough, providing a quarter of all jobs in Slough, but also is the largest trading estate in single ownership in Europe. It spans 486 acres providing 7.5m sq ft of industrial and logistics space.
The estate is home to businesses operating across telecoms, biotechnology, pharmaceuticals, automotive, IT, R&D, logistics, data centres and food processing sectors, including Mars, Ferrari, DHL, Lanes Group and UCB.
Earlier this month, SEGRO agreed its largest letting of the year at the estate, with Rhodes Freight Services taking more than 39,000 sq ft in the Whitby Business Centre.
