On Monday 6th July, Panattoni announced their redevelopment plans for former Aylesford Newsprint site in Kent.
The 90-acre brownfield site has been vacant since 2015 when Aylesford Newsprint closed bringing a 90 year history of papermaking on the banks of the River Medway to an end. At its peak the site, employed more than 1,000 people.
Panattoni’s redevelopment plans promise to give a new lease of life to this redundant brownfield site and create 3,000 jobs for the local area. The proposal is to design and build seven industrial buildings offering in the region of 177,000 sqm of new commercial floorspace. The proposal embraces environmental sustainability, including using energy efficient materials, efficient LED lighting and electric vehicle charging points.
It will deliver more than £140m per annum of economic value to the Borough of Tonbridge & Malling, and Kent as a whole, by attracting some of the world’s leading companies to the site as well as providing buildings to support the growth of local companies constrained by the lack of facilities
Panattoni will submit a planning application to Tonbridge and Malling Borough Council later in the summer. If approved, Panattoni anticipates construction will begin in 2021, with first occupation expected spring 2022 and completion of the development by 2024.
If you want to find out more or if you live in the local area and want to comment on the proposals, please visit www.PanattoniParkAylesford.co.uk.