Work starts on Range warehouse at Stowmarket while Suffolk Park in Bury St Edmunds is set to expand
A computer generated image of Jaynic's planned SP47 unit at Suffolk Park. Image: Jaynic.
As work has started this month on a giant distribution warehouse off the A14 at Stowmarket international investors are set to invest millions of pounds into creating a new logistic park in Bury St Edmunds also next to the busy dual carriageway.
The Range is to be located on the Gateway 14 site, at Stowmarket, and will be home to the flagship 1.2m sq ft complex for the garden and leisure products retailer, which is being built by Winvic Construction.
The Northampton-based builder was chosen by park developer Jaynic for the project off Junction 50 of the A14. The scheme is expected to create 1,650 jobs in the region and is due to be completed in November 2023.
Gateway 14 Ltd – which is owned by Mid Suffolk District Council – has exchanged contracts with The Range to develop the distribution unit on a freehold turnkey basis.
The landmark sustainable building will include EV charging, LED lighting, solar PV, smart energy systems and rainwater harvesting.
Gateway 14 has outline planning consent for a 2.36m sq ft mixed-use innovation, business and warehousing scheme and infrastructure work is already under way.
Meanwhile, Cain International has announced £5.45m for a logistics park at Suffolk Park, in Bury St Edmunds, with the deal being sealed by developers Jaynic.
Cain originally lent £13.8 m in February 2022 to enable Jaynic to build a 160,000sq ft warehouse on site known as SP 160. It has now agreed to a further £5.45m loan to develop a 47,000 sq ft unit – SP47 – at the business park.
The site got planning permission in 2017 and is home to Hermes Parcelnet, MH Star UK, Unipart Logistics, Treatt, Sealy, The East of England Ambulance Trust and Skechers.