Hundreds of new jobs are on the cards for Spalding thanks to plans for a state-of-the-art business park on the edge of town.
The Lincs Gateway Business Park proposal consists of an array of high quality commercial buildings complemented by a major new conference centre, hotel, restaurant and petrol station on land just off the A16 towards Cowbit.
Big names already signed up include Whitbread’s Brewers Fayre and Premier Inn.
The developers behind the project – Holbeach-based Ashley King Developments in partnership with Moran Asset Management – have been working closely with South Holland District Council to ensure the plan meets national and local guidelines before it goes to the planning committee for final approval.
The site, which already has planning permission for a ten-acre truck stop and large industrial buildings, will provide a mix of units including offices, research and development, light industrial, and storage and distribution.
Michael Moran, of Moran Asset Management, said: “This is a unique opportunity to create an attractive new entrance point to the town from Peterborough and the south with high quality buildings and landscaping.
“The site has been identified by Lincolnshire County Council as offering a unique opportunity to boost the local economy by attracting new companies to the area and we are confident that this project will fulfil that.
“It has not yet been marketed, but initial discussions with local and national property agents have been very positive.
“Indeed we have already been approached by one major company such that we are including detailed plans for a 75,000 sq ft building at the rear of the site in anticipation of closing out negotiations with that company in the short-term.”
To enhance the business park element of the plans, permission is being sought for a 400-seat conference centre, a 52-bed Premier Inn hotel, a Brewer’s Fayre pub/restaurant, a restaurant/cafe and a petrol station.
Company director Ashley King said: “The hotel and conference facilities will help to retain business within Spalding, following evidence provided by research company SQW that local businesses tend to use this type of facility in competing centres such as Peterborough and Grantham.”
A precise construction schedule has not yet been set but it is envisaged that building works on the conference centre, hotel, restaurant and petrol station, will begin almost immediately.
Mr King added: “The remainder of the business park would be delivered over the coming years.
“The site’s location is key to its prospects to deliver a successful new, high quality business park.
“Its proximity to the strategic road network, and its visibility to passing traffic are key in this regard.
“The business park will generate hundreds of jobs, many of which would be drawn into the area from competing centres, given the intended quality and range of accommodation the business park would offer.
“We anticipate that the site could be completely built within the next five to ten years with significant progress to be made in the short term.”
The planning application has been received by the district council and will go before the committee in the coming months.