Commercial Property: Castlemore scheme's green light.
West Midland developer Castlemore Securities has been given the go-ahead for a pounds 50 million mixed use scheme in Purfleet, Essex, it was confirmed yesterday.The Halesowen-based private property developer is purchasing 38-acres from Esso, which will be redeveloped for employment and residential use.
Thurrock Council has now approved two applications to redevelop the land, which is in the heart of the Thames Gateway.
Permission was granted to a full planning application for Class B8, storage and distribution, in two blocks totalling 400,000 sq ft on the northern section, while outline planning was given for much-needed new homes on the southern end.
The site is close to two junctions of the M25, making it ideal as a distribution centre.
The Channel Tunnel Rail Link runs along the northern boundary, next to the proposed distribution and storage scheme.
Following in-depth preplanning meetings with the Channel Tunnel Rail Link Consortium, access to the B8 section will be via a bridge over the CTRL rail line, currently under construction by Union Rail.
'The site's close proximity to the Purfleet Bypass, which leads to Junctions 30 and 31 of the M25, is very conveniently placed for distribution sheds, and there will be around 250 high density homes built on the residential side,' said Patrick Power, Castlemore's planning director.
The architects are Mason Richards Partnership and the letting agents Glenny (Essex) and FPD Savills (London).
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| Title Annotation: | Business |
|---|---|
| Publication: | The Birmingham Post (England) |
| Geographic Code: | 4EUUK |
| Date: | May 30, 2002 |
| Words: | 231 |
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