A 2 million sq ft big box warehouse scheme in Rugby has been approved by planners after a three year wait.
Tritax Symmetry has been granted outline planning consent by Rugby Borough Council for a 111 acre site south west of the town. They have initially planned a 320,000 sq ft first phase.
The Golden Triangle site, predominantly built for design and maximal floorspace, forms part of the wider South West Rugby Urban Extension which is due to provide up to 5,000 new homes.
Tritax say they plan a “first class regionally significant logistics hub on the important M45/A45 strategic highway link.”
The site will require £200 million of investment in infrastructure including major upgrades to the existing highways.
“We are currently working up a detailed application for the first phase which will consist of a two-unit scheme equating to over 320,000 sq ft with significant infrastructure investment planned upfront,” Tritax Planning Director Jonathan Dawes said.