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DEVELOPMENT AGREEEMENT SIGNED BY ST. MODWEN FOR STRATEGIC M25 SITE

St. Modwen has signed a development agreement to partner the landowners, S and J Padfield, to promote through the planning system, and then to develop a strategic 58 acre site situated at the junction of the M25 and A127. The strength of this location will lead to the site becoming a major employment hub. Much of it is currently in use by contractors as a depot for maintenance work for the motorway and highway network. St. Modwen’s proposals will deliver around 1 million sq ft of B1, B2 and B8 floor space including supporting amenities.

The site is identified for employment development in the emerging Brentwood Local Plan, which is expected to be published in draft form later this year.

London & South East Regional Director at St. Modwen, Tim Seddon said: “The core attraction of this site lies in its strategic location on junction 29 of the M25. It has enormous potential and we have every confidence that this will be a flagship project for St. Modwen that will bring significant office, warehouse and factory employment to the area.

”With our partners we are determined to create a lasting legacy for Brentwood.”