MEPC Accelerates Successful Development Programme to Meet Growing Demand at Silverstone Park

MEPC is delighted to announce a continuation of its successful development at Silverstone Park by bringing forward a new scheme on six acres of land adjacent to the site’s Innovation Centre.

An application for reserved matters consent has already been submitted to West Northamptonshire Council for the scheme (Phase 4 of development by MEPC at Silverstone Park).

MEPC’s Roz Bird, Commercial Director at Silverstone Park, enthused: “This new scheme of hybrid industrial units is in a prominent location at one of the key entrances to Silverstone Park.

“Based on market feedback, the units have been designed to include double-height workshop accommodation with loading doors as well as high office content at first floor level.

“The units will range in size from 7,500 sq ft to 24,600 sq ft.

“Also included in the plans are a café, gym and nursery, delivering extra value and convenience for businesses and employees at the Park.”

And Roz added: “Due to the growing demand for Silverstone Park, as a location, it is important to create a development pipeline and to continue to provide new high-quality accommodation, to the market, to satisfy company requirements.

“Our Phase 4 scheme, totalling 100,000 sq ft will introduce much needed hybrid accommodation in a prominent location at Silverstone Park.

“We are also working on the next scheme – Phase 5 – which will bring forward a further 200,000 sq ft of new mid-box industrial accommodation with units ranging in size from 30,000 sq ft to 55,000 sq ft.”

David Beckett, Partner at appointed SRA Architects, said: “We are delighted to be working with Roz and the team on the design of these new, flexible hybrid units at this key gateway location.

“Briefed to create a range of highly adaptable, statement buildings, the aim is to reflect the quality and on-going success of the Silverstone Park brand.”

Elsewhere, MEPC is already well under way with construction of its Phase 3 of development at Silverstone Park – this alone will deliver 265,000 sq ft of HQ-style industrial premises and is scheduled to be ready for occupation in Q2, 2022.

Phase 1 and 2 (258,000 sq ft of industrial accommodation) was completed in December 2020. This spans from the site’s northern end (adjacent to the Silverstone Sports Engineering Hub) to the southern tip, opposite the Silverstone Circuit’s famous Wing pits complex building.

Of the 13 properties constructed as part of Phase 1 and 2, all have now completed.