Thousands of jobs will be created at a major new industrial and logistics development located within the Humber Freeport Goole tax site.
Developer HBD, part of Henry Boot, and landowner St John’s College Cambridge have received outline planning consent for FREEPORT 36, which will deliver 5.5m sq ft of prime commercial space.
The 300-acre site, located close to Junction 36 of the M62, will accommodate buildings ranging from 40,000 sq ft to more than 1m sq ft.
Designed to provide high-quality, sustainable industrial and manufacturing facilities, FREEPORT 36 is located within the Humber Freeport Goole tax site.
This means occupiers at FREEPORT 36 can benefit from a range of financial incentives, including business rates relief, National Insurance Contribution relief and Enhanced Capital Allowances on investment in new plant and machinery.
Humber Freeport’s Chair, Finbarr Dowling, welcomed the announcement and said: “This is tremendous news and is another major milestone in developing the Humber’s economy.
A CGI of how FREEPORT 36 at Goole will look, once completed.
“The locational advantages of Goole, along with its strong industrial cluster and Freeport incentives, offer end users a real competitive advantage.
“Industry leaders such as Siemens Mobility, Tesco Logistics and Guardian Glass are already located adjacent to the tax site, and have benefitted from this strategic location. The future of this site is very exciting.”
HBD has forecasted the first phase of FREEPORT 36 will deliver around £130m of Gross Development Value (GDV).
Once completed, FREEPORT 36 is expected to create around 3,000 new jobs, supporting a further 5,500 jobs in the wider Yorkshire and Humber region.
The site benefits from excellent transport links via road and sea. It is located close to Junction 36 of the M62, providing connections along the motorway corridor and to the A1.
Easy access is also available to the Port of Goole, connecting FREEPORT 36 with the UK’s busiest port complex.
FREEPORT 36 will bring thousands of new skilled jobs to Goole.
Tim Roberts, CEO at Henry Boot, said: “Manufacturing and logistics hubs are a critical part of enabling business and economic growth across the country and HBD is bringing forward another large-scale project to support commerce in the Yorkshire region.
“The location and sustainability credentials of the development will attract high-quality, long-term occupiers in their own right, while advantages of the scheme’s strategic positioning within a freeport tax site will act as a further draw.”
Suzie Wood, Head of Investment Property at St John’s College, Cambridge, said: “The approval of the planning application is an exciting step forward to delivering a state-of-the-art Industrial and Manufacturing Park within the Freeport tax site.
“We are excited by the potential of the park to bring new investment and jobs to the region.”
FREEPORT 36 delivers Biodiversity Net Gain of more than 10 per cent for surrounding habitats, and includes a nature tail and woodland walk, an open-air gym and wildflower meadows.
- For more on FREEPORT 36, including the development’s brochure, visit freeport36goole.co.uk.
