Business, Freight News, Logistics

Green light for green park

[ June 17, 2022   //   ]

Thames Enterprise Park, a joint venture between Almcor and Greenergy, has been given the green light from Thurrock Council for a 412 acre brownfield regeneration project within the Thames Freeport zone.

Thames Enterprise Park will revive the former Coryton oil refinery site, initially delivering 3.7 million sq ft of logistics, manufacturing and next-generation energy technology space and creating up to 5,500 jobs.

The development is expected to add more than £350 million per year to the local economy ultimately growing to more than £3.5 billion. 

The first plots expected to be ready for development during 2023.

Almcor head of strategic land, Rupert Wood, said: “This is an important milestone for the project. “Thames Enterprise Park is a once-in-a-generation regeneration project and we are very pleased to secure the support of Thurrock Council’s planning committee. 

“The project will create 5,500 jobs and will play a transformational role for Thurrock and for Thames Freeport, bringing this former employment site back into use with up to 3.7m sq. ft of modern, sustainable business space.  It will also create one of the most significant employment-led regeneration projects in the South-East of England.”

He added that the Park will play a pivotal part in the long-term success of Thames Freeport.