Property developer HBD has submitted an outline planning application for the next phase of Luton’s Butterfield Business Park, with a further 454,000 sq. ft. of employment space in the pipeline.
Since work began on the 83-acre development, the developer has delivered more than 325,000 sq. ft. of commercial space at the now-thriving site.
Existing occupiers include Eden Farm and Shoal Group, which runs its UK operations from its purpose-built headquarters at Butterfield, plus a range of SMEs within the scheme’s Quad development, which was built speculatively and created to provide space for local businesses to expand.
Along with commercial space, businesses benefit from amenities including the Basepoint Innovation Centre, The Village office campus and a 155-bed Hilton Garden Hotel.
Vivienne Clements, Head of Industrial and Logistics at HBD, said: “Since work began at Butterfield in 2015, the scheme has played a key role in supporting the growth of the local and regional economy. It’s fantastic to see planning now submitted for the next phase of the project, expanding this successful development further to create more jobs, provide SMEs with the right conditions to expand and attract crucial inward investment into Luton.”
Nick Diment, Partner in the Planning team at Knight Frank said: “Over the last eight years that we been involved in the delivery and development of Butterfield Business Park, we have advised HBD throughout numerous planning applications for the Local Plan, resulting in the creation of many new job opportunities.
“In order to facilitate economic growth, business’ require greater flexibility when it comes to securing planning permission for employment uses. Our latest submission aims to provide this flexibility and is the result of extensive consultation with the dedicated Officers and Members of Luton Borough Council. These proposals represent a significant milestone in the Park’s evolution and will deliver much needed economic growth for the Borough.”
HBD is an award-winning developer operating from six regional offices, including London. It has numerous large-scale projects underway across the South, including the £1bn Golden Valley in Cheltenham, Airport Business Park in Southend and Workstown in Enfield; all local authority JVs. Its 20-acre strategic logistics scheme, Momentum, a JV with Barings, will complete early next year.
Knight Frank has been appointed to manage the planning process and consultation for the next phase of Butterfield Business Park.
The agents for Butterfield Business Park are Cushman & Wakefield, Adroit and LSH.