December 10 2013 Latest news:
Friday, September 27, 2013
More than 100 jobs could be created in a Suffolk town after there was “serious interest” from companies in a new development site.
An “advanced manufacturing” company is planning to relocate to the Mill Lane development, in Stowmarket, creating 120 jobs.
Mid Suffolk District Council has said a further two companies have signalled their intent to move their headquarters to the site, next to the A14.
Dave Benham is Mid Suffolk and Babergh District Councils’ corporate manager for economic development and tourism.
He said: “The developer is working on the detailed development brief to get things moved forward. He has already got some quite serious interest in it.
“With the level of interest the developer is keen to move forward as quickly as he can. It’s a good location, it’s a well-placed site which will take off.”
He said one of the companies wanted to create a “landmark building” at the entrance of the site.
Peter Down, chairman of the Stowmarket and District Chamber of Commerce, said: “We welcome the creation of jobs anywhere in Stowmarket and we hope that the jobs will contribute to the skills in the town.
“The council should be congratulated for attracting jobs of that nature assuming the proper safeguards in terms of the emissions coming from the site are in place.”
Mr Benham said development on the 195 acre site is expected to begin within the next two years.
There is potential for up to 3,000 jobs to be created over the course of its 10 year development.
Mid Suffolk is expecting warehousing and distribution companies to also invest in the site.
Mill Lane will be of two major developments in Stowmarket over the next 15 years.
The council has said about 800 homes, a school, community centre and employment areas could be built to the north-west of the town. More than 500 people took part in a four-week public consultation over the plans for the Chilton Leys development last November.
Mid Suffolk has confirmed that Chilton Fields will not form part of the development.