New £200m logistics park to be built at Teesside International
09 / 03 / 2020
A new £200m logistics and industrial park is being developed at Teesside International Airport in the north east of England.
A groundbreaking ceremony was held at the start of the month and infrastructure work is now set to begin on the project that will see the creation of 3.4m sq ft of logistics, manufacturing and commercial space built on 270 acres of land at the southside of the airport.
“Once complete, the development has the potential to create 4,400 jobs and deliver £3m per year to reinvest into the airport,” Tees Valley Combined Authority said.
The southside land, comprising 270 acres and running parallel to the runway, is the largest area for such a development and will be carried out under a joint venture partnership.
The Tees Valley Mayor and Combined Authority previously committed to an investment of £23.6m for the development of critical infrastructure, including connecting the site to the main utilities and providing access to the Southside of the airport from the A67.
Tees Valley mayor Ben Houchen said: “Hot on the heels announcing summer flights to Alicante for this summer, and the introduction of six new routes across UK and Ireland rolling out now, today I’ve broken ground on the next huge project to secure the future of Teesside Airport.
“Ever since bringing our airport back into public ownership, I have always said that for it to succeed, we need to be supporting our businesses as well as attracting flights to fantastic destinations for consumers.
“Today is the next step in achieving a sustainable, appropriate development around our airport, providing a high quality site for businesses, a huge number of which have already expressed an interest at being based here.
“Not only that, it will help create thousands of good-quality jobs for local people and make sure our airport will be here for years to come, with money from the site reinvested into our airport.”