Plans have been submitted to town council for a new multi-let commercial development on vacant land at Southgate Trade Park, Morecambe.
Northern Trust Company Ltd is hoping to ship the scheme, which might incorporate 101,365 sq ft of contemporary workshop and commerce items throughout 69 items in 11 blocks.
The development is designed to supply a balanced mixture of unit sizes to accommodate a variety of occupier necessities, together with:
- Smaller starter items: 538-818 sq ft, ideally suited for new and early-stage companies
- Medium-sized items: 1,087-1,658 sq ft, supporting rising enterprises searching for scalable lodging
- Larger items: 2,196-3,315 sq ft, catering to extra established occupiers
If accredited, the scheme is predicted to create greater than 250 new jobs and broaden the prevailing park, which at the moment provides 87,594 sq ft of commercial area, bringing Northern Trust’s complete providing in Lancashire to greater than 600,000 sq ft.
Jonathan Houghton, operations director at Northern Trust, stated: “We are delighted to bring forward plans for this significant new development at Southgate Trade Park.
“The proposed items will present versatile, trendy area for companies of all sizes, supporting progress and funding in the native financial system.
“We are committed to creating high quality employment space that meets the needs of the Lancashire business community and delivers long-term benefits for the region.”
The software displays Northern Trust’s ongoing technique to take a position in prime quality commercial property, creating sustainable enterprise alternatives and strengthening the native financial system.
Northern Trust is a family-owned personal firm, established in 1962, with a profitable observe report in property funding, development and strategic land promotion.
The plans will likely be mentioned at a future metropolis council planning assembly.
