Property developer Town End Farm Partnership (“TEFP”), has submitted a mixed use planning application to Sunderland City Council for Wear Point 55. The hybrid application, including both a detailed and outline proposal, will see a major manufacturing and commercial site developed on land owned by the Partnership to the north of Nissan, adjacent to the A19.
The 22 hectare site, has the potential to deliver over 92,000 sq m (1 million sq ft) of manufacturing space and almost 9,300 sq m (100,000 sq ft) of commercial space. The detailed application includes the delivery of two new factories for two Tier 1 suppliers to Nissan (accounting for 74,000 sq m (800,000 sq ft) of the detailed development) and the outline application covers the remainder of the site which will form a commercial hub, including retail and leisure. Expressions of Interest in leasehold arrangements in that hub element of the scheme have already been received from national and regional retailers.
If planning is approved, the proposal is estimated to provide around 1,348 jobs in the NE Local Enterprise Partnership area, more than a third of which would be in Sunderland and include significant inward investment of £70m to the local and regional economies.
TEFP is holding a public exhibition on Thursday 20th October between 2.30pm and 8pm at The Washington Business Centre, Turbine Way, Sunderland. Visitors will have the opportunity to view, discuss and comment on the proposed plans and members of the project team will also be on hand to answer any questions and talk through the details of the application.
Commenting on the submission, TEFP director Peter Razaq, said:
“We are extremely proud of our investment in the north east. This application comes at the end of an eight-year period of hard work necessary to deliver this vision. Together with our team of advisers, funder and potential tenants, we believe that our planning application, which brings to life our masterplan vision for the site, will be seen as a positive step and we look forward to working with Sunderland City Council to deliver an exceptional mixed use site, which would be occupied by the end of 2017.”
