Green light for £400m iPort development

Property investor Verdion has been given the green light to start work on its £400m Doncaster iPort scheme.

The planning approval, granted by Doncaster Council, has paved the way for the first three million sq ft of development to be built, which includes a 35-acre rail freight terminal.

When complete, the development will provide more than six million sq ft of grade-A logistics warehousing linked with a high specification rail freight intermodal container facility.

Verdion, with backing from its funding partner the Healthcare of Ontario Pension Plan (HOOPP), is developing the scheme on a 700-acre site in Rossington which is linked with junction three of the M18 via the Finningley and Rossington Regeneration Route Scheme.

John Clements, European development director at Verdion, said:

"We are, again, one step closer towards delivering one of the largest logistics schemes in the UK.

"Together with our funding partners HOOPP and with continued support from Doncaster Council and other stakeholders, we are pushing forward with this strategic site, located in the UK’s logistics hub.

"£21m of infrastructure works have already started on site and we are in talks with a number of operators."

Mayor of Doncaster Ros Jones, said the planning approval is "another major step forward" for iPort, which is one of the area's "many drivers" of economic growth.

Last year, iPort was recognised as the "largest planning permission by area in the UK" and is part of the ongoing commitment of Doncaster Council’s planning team to work with investors and developers to drive new investment and job creation.

Gent Visick, Cushman & Wakefield and CBRE are letting agents for iPort.

Source: Insider Media

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