Wednesday 24th April 2024
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Jaynic

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Jaynic continues to build a strong reputation for promoting land through the planning system for residential and employment use and for the development of high-quality warehousing, logistics and business parks.

The company concentrates its development activities throughout East Anglia with a focus on the A14/A11 between Cambridge and Felixstowe where 9.76m sq ft of warehouse and business space has planning consent or is in the pipeline.

Development of the major 2.36m sq ft Gateway 14 mixed-use project at Junction 50 of the A14 in Stowmarket is moving ahead rapidly where Jaynic is the development partner with site owner Mid-Suffolk District Council. The 1.17m sq ft distribution facility for home, garden and leisure products retailer The Range will be completed in November 2023. The road infrastructure and services are now in place and a reserved matters planning application has been submitted for a 164,500 sq ft manufacturing and distribution unit in order to expedite delivery of the building for an occupier within 9-12 months on a freehold or leasehold basis.

Sustainability is a central feature of the Gateway 14 scheme with building designs that are to BREEAM ‘Excellent’ and include, an EPC A rating, EV charging, LED lighting, solar PV, smart energy systems and rainwater harvesting, delivering low carbon and net zero solutions where possible.

Gateway 14 benefits from being part of Freeport East, one of only eight freeports in the UK. The freeport status will provide many businesses on Gateway 14 with a range of benefits including a suite of tax reliefs and simplified customs arrangements.

At Suffolk Park in Bury St Edmunds, Jaynic has been granted reserved matters planning consent from West Suffolk Council for two warehouses on the park’s final northern plot, one of 128,000 sq ft and another of 77,000 sq ft that are available on a pre-let or pre-sale basis and could be delivered within 9 months.

Unit SP160, a 161,344 sq ft warehouse, was let to Greene King, the leading pub company and brewer in the UK, at the end of 2022. As a result, the whole 2m sq ft Suffolk Park scheme that was expected to take up to 10 years to develop will have been completed, subject to the final northern phase, in five years. Occupiers on the site already include M H Star, Dellonda, Bleckmann, Treatt, Sealey, Unipart Logistics, Skechers, Evri and the East of England Ambulance Trust.

At Little Wratting on the A143 between Haverhill and Bury St Edmunds, Jaynic has just won an appeal on Karro Foods former abattoir site for change of use from B2 general industrial use to B8 open storage use. The developer plans to let the space to an open storage occupier in the short to medium term with a view to seeking an allocation for a larger scheme, called Stour Business Park, in the local plan to be developed in the future.

Elsewhere, Jaynic is hoping to receive a planning consent before the end of the year on a major site off the A143 at Shepherd’s Grove near Stanton in Suffolk to create a 68-acre “super centre” for Copart UK the vehicle remarketing and recycling giant, together with outline planning for E(g), B2 and B8 on the remaining 12 acres.

Jaynic works in partnership with landowners and occupiers for warehouse and business park development throughout Cambridgeshire, Suffolk and Essex that is being, or is earmarked, for development.

The company is the land promotion partner on a 41-acre prime site on the A14 at Boxworth to the south of Cambridge Services, where it will be seeking B2 and B8 employment uses, on behalf of the landowner. The site has recently been included within the South Cambridgeshire District Council’s draft preferred options document. The site has huge potential for a regional/sub-regional warehouse/business park scheme of up to 580,000 sq ft.

Jaynic is also progressing its other commercial land promotion projects including the 130-acre site at Barton Mills adjacent to the A11 and the 25-acre site on the north side of Bury St Edmunds just off of Fornham Road.

Work also continues on its potential residential schemes including the major 270-acre site at Rougham Hill, Bury St Edmunds to south of the A14 where there is the potential for 1,440 houses, and another one at Needham Market.

At Haverhill Research Park, Jaynic’s EpiCentre innovation building has had a successful last 12 months driven by a healthy take-up of occupiers of both biotech and life science companies for the laboratory space and more broadly based occupiers for the office space.

Jaynic’s EpiCentre is run by Oxford Innovation Space, the UK’s leading operator of innovation centres with 26 managed facilities around the British Isles. Strategically located near Cambridge and part of the South Cambridge Business and Technology Cluster, The EpiCentre is ideal for growing businesses.

The EpiCentre provides over 60 office suites from 17 sq metres (172 sq ft) up to 78 sq metres (840 sq ft). Because of the success of its laboratory facilities, Jaynic took the decision to double the amount of laboratory space on offer due to the rapid upsurge in demand for biotech and life sciences laboratories in the Cambridge area. The centre has now attracted a number of start-up and scale-up life science businesses including CodiKoat, Halo Labs, Biotix, TA Instruments, and Analog Devices.

Managing director Nic Rumsey, says: “It has been a very encouraging year for us. With our in-depth knowledge of the region we believe we are ideally placed to bring projects forward, secure planning consents and develop them out. We are happy to discuss flexible arrangements with landowners where they can share the development upside on a joint venture basis if they wish to maximise their receipts”.