Logistics Parks Development Planned
18th March 2025
Tritax Big Box Developments (TBBD) has announced new phases at three of its major UK logistics parks with a further 2.57million sq ft development planned.
At Tritax Park Oxford, the logistics developer has submitted plans to build 1.75million sq ft of state-of-the-art accommodation across nine units ranging in size from 98,000sq ft up to 317,000 sq ft. Extending up to 160 acres, the Park is situated directly alongside the M40 at J9 and the A41.
This second phase of development is estimated to create approximately 220 construction jobs; 2,105 jobs during operation and generate up to £9.87million of business rates per year.
Planning for the second phase at Tritax Park Oxford comes as TBBD is midway through the development of a new 600,000 sq ft production facility for Siemens Healthineers on phase one. Once in operation, the Siemens site will be used to design and manufacture superconducting magnets used for MRI patient scans in healthcare facilities globally and will support more than 1,300 skilled jobs.
Meanwhile, at Symmetry Park Biggleswade, TBBD has commenced the development a new, bepoke 65,847 sq ft facility for Warburtons along with four high-quality logistics buildings totalling over 750,000 sq ft, ranging in size from 139,500 sq ft up to 287,200 sq ft. This third phase will be built to BREEAM ‘Outstanding’ and EPC A+ rating. There will be a staged completion of these facilities over a six-month period, starting from Autumn 2025 onwards.
Tritax Park Oxford
Finally, TBBD has submitted a detailed planning application to Cherwell District Council for phase three at Symmetry Park Bicester. The plans would see the delivery of 270,000 sq ft industrial and logistics space across two mid-box units measuring 155,000 sq ft and 115,000 sq ft.
Speaking about the development progress, Tom Leeming Director at Tritax Big Box Developments: “Bringing forward multiple phases of development at these well-established schemes further underlines our team’s ability to identify and create best in class space for our existing and prospective clients in prime locations, such as these sites across the Oxford-Cambridge corridor.”
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