Premcor gets green light for Doncaster I&L scheme

The hybrid planning application includes detailed consent for a 17.5 acre, EV-ready logistics yard. which has been pre-let, plus outline consent for a further 25-acre development site offering up to 450,000 sq ft of industrial, warehousing and logistics space.

Alongside gaining planning approval, Premcor has also completed the hacquisition of land belonging to Tanks & Vessels Industries – the long-established industrial operator occupying the site, which is located three miles to the south of Doncaster, adjacent to the M18 Motorway and iPort Logistics Park.

C4 Projects, which has been appointed by Premcor as architect and project manager for the scheme, has instructed Howard Civil Engineering to begin works on site.

Simon Hawkins, director of Premcor, said: “This was one of the first sites we were involved in after establishing Premcor, so it is hugely significant for us – we have invested a great deal of time and resource in getting to this stage. We acquired the site off-market and have spent the intervening years on site assembly and planning. Achieving planning approval and starting on site represents a major step forward for Mode 18. With consent now secured, we can move directly into delivery and begin building the infrastructure that underpins the entire scheme.”

Rob Lane, director of Premcor, added: “Rossington is superbly situated at the heart of the UK’s transportation network, so we are delighted to be at the stage where we can now unlock the potential of Mode 18 – so named because of its location on the M18 and A1M, close to its proximity of many transport modes, particularly the iPort Rail Freight Terminal and Doncaster Airport. This is one of the most complex projects we have undertaken – assembling the land, completing the Tanks & Vessels transaction and navigating a detailed hybrid planning route. With permission granted, we can now progress the pre-let occupier site and prepare the wider industrial zone for market.”

Guy Cooke, senior director at BNP Paribas Real Estate, which has been appointed as joint letting agent at the scheme, said: “This consent enables immediate progress on the ground while providing a clear framework for delivering up to 450,000 sq ft of best-in-class transport, logistics and employment space in Doncaster, which we will be launching to market imminently working jointly with the Sheffield office of Knight Frank. It is a carefully structured hybrid approval that reflects strong collaboration throughout the process. Doncaster City Council has been very supportive and we are grateful for their help throughout the process.”

Vincent Taylor, investment director at Doherty Baines, which advised Premcor on the financing for the site acquisition, added: “We were delighted to have helped Premcor secure financing for this acquisition with The South Yorkshire Pensions Authority. The first phase of the scheme will represent one of the highest spec IOS developments in the UK and will set a new standard for that sector.”

Andrew Stone, assistant director, investment strategy, at South Yorkshire Pensions Authority, said: “South Yorkshire Pensions Authority is committed to achieving a place-based impact from a proportion of its investments, seeking the investment returns it needs to pay pensions whilst helping to drive economic growth in South Yorkshire.  We are delighted to have been able to support this scheme within our development loans programme and look forward to seeing the benefits it will bring to Rossington.”

This article was authored by Simon Creasey for BE NEWS and published under the title 'Premcor gets green light for Doncaster I&L scheme', on Premcor gets green light for Doncaster I&L scheme | BE News. It is reproduced above in accordance with section 30(2) of the Copyright, Design and Patents Act 1988.