The next phase of a landmark North East development set to create more than 4,000 jobs has been announced.
Integra61 in County Durham is the largest logistics and manufacturing site in the North East to be created in years and is already home to Amazon’s new 2m sq ft fulfilment centre, which opened last September.
Now developer Citrus Durham has submitted a reserved matters application for the next phase of development at the £300m mixed-use site, based on 205 acres next to Junction 61 of the A1(M), which could prove invaluable to North East firms.
Called Evolution@Integra61, the industrial development will include 24 new industrial units totalling 50,921 sq ft, ranging in size from 1,205 sq ft up to 4,625 sq ft.
Available to buy or rent, the units have been designed to address the regional shortage of modern small units, to satisfy strong demand from local and regional firms on the hunt for industrial and warehouse units in a prime location.
The units within each terrace can be taken up individually or combined if more space is required – and occupiers seeking space above 15,000 sq ft will have additional options elsewhere at Integra 61, where design and build packages are available for units up to 600,000 sq ft.
Integra 61 agents Avison Young and Colliers International are taking reservations on the units which, subject to planning consent, will be ready for occupation by the final quarter of this year.
Once completed, Integra61 will also house around 300 new homes and significant roadside opportunities including drive-thrus, a 70-bed hotel, family pub/restaurant, nursery, car showrooms and trade counters and retail units.
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Set four miles away from the Durham City, it is estimated the entire scheme can deliver around 4,000 jobs, while also serving up much needed industrial space.
David Cullingford, project lead for Integra 61 and Citrus Durham, said; “The creation of the smaller units makes Integra 61 a truly inclusive scheme, with wide ranging opportunities for businesses of all sizes. This further significant investment will generate yet more jobs and we are pleased to be able to support regional occupiers with their growth ambitions and be part of this unique project in County Durham.”
Recent research by Avison Young shows the critical lack of new build space in the North East - and that all the small unit schemes recently built in the region are fully occupied and are achieving record rents.
Danny Cramman, director at Avison Young, added: “Our research clearly demonstrates the regional need for these new units. They are ideally suited to local and regional businesses and crucially offer companies the opportunity to own their own premises which is very rare in this size range.
“Occupiers can also take advantage of the wider benefits of being part of one of the region’s most dynamic new employment hubs which, together with the roadside elements and new homes now being delivered, will provide an exceptional offering for employees, residents and visitors alike.”