AquiGen, developers of Ipswich’s new retail and business park, Futura Park, has announced East Anglian car dealership, Marriott Motor Group as the latest firm to invest in the site, with an exchange of contracts on a four acre site, subject to planning.
Marriott Motor Group intend to open a brand new Audi showroom and service centre, and if planning is approved, work on the £8m project should commence in late autumn. The dealership could open as soon as autumn next year.
The deal comes shortly after Marshalls announced its £7m project to create a new Jaguar Land Rover dealership at the Nacton Road entrance to Futura Park.
Paul Isaacs, Managing Director of AquiGen said of the new deal: “It is great to welcome yet another prestigious brand to Futura Park, adding to the current household names including Waitrose and John Lewis at home. The new Audi dealership will be a fantastic addition to the park, and the investment means another boost to the local economy, providing more jobs and attracting visitors.”
Paul Barnard, Managing Director of Marriott Motor Group, added: “This is an exciting project for us, and represents our largest ever property investment, in what will be the flagship site across our Group of 12 dealerships. We immediately bought into the vision of quality and sense of destination at Futura Park, and we are confident that our plans will be welcomed by the local council.”
Interest in Futura Park remains strong, with a further four and half acres under offer, and negations under way for two 3 acres plots.
Futura Park, located between Ransomes Way and Nacton Road in Ipswich, occupies the site of the former Crane foundry to the South East of the city centre, providing 44 acres of new business and retail space. It is already a vibrant retail destination with a flagship John Lewis at home and Waitrose, and a second retail phase including DFS, Furniture Village and Oak Furniture Land.