Vectos wraps up 2016 with hat-trick of significant planning approvals
The close of 2016 has seen Vectos help obtain successful planning approval for three significant projects: Waterloo International Terminal, Silverstone Park and Dunsfold Aerodrome.
Vectos has assisted LCR, the Department for Transport and Network Rail in obtaining planning approval for the £800 million restoration of Waterloo International Terminal, which will bring the former Eurostar terminal back into use after almost a decade. The plans will create around135,000 ft2 of space for independent, high street and food stores, spread across three floors.
The retail offer is intended to match the quality of St Pancras International and Birmingham New Street, and is set to create 700 new jobs, as well as hundreds more during construction. Amongst other benefits, new entrances will give access to rail and underground services for people living and working to the south of the station.
Vectos has been acting on behalf of MEPC to develop Silverstone Park into one of the world’s leading clusters for cutting edge and precision engineering companies, from small start-ups to famous brand names. It will include a new 157,000m2 technology park, 250 beds over two hotels, 9,000m2 of education facilities including 200-bed student accommodation and a social hub.
It is predicted that 1,822 jobs will be created during the 10-15 year construction period and will contribute £78 million to the local economy. The site should generate up to 4,500 new jobs and contribute between £157 and £210 million to the South Northants economy post construction.
We met with resident groups and local Councillors to promote mobility – a strategy that may save £15m on new junctions. A social hub for Silverstone Park employees and visitors will become the ‘heart’ of the site and will include a gym, nursery, showers, changing facilities and a social area.
Waverley Borough Council's planning committee gave the go-ahead for 1,800 homes to be built at Dunsfold Aerodrome in Waverley, Surrey. The current proposal also comprises new commercial floorspace and associated village uses such as education, retail, leisure, a medical centre and community facilities.
Vectos has been providing transport advice for the development and has also assisted the client in promoting a larger scheme through the local plan process. Construction work could bring the first homes in 2018 with the new village completed in around 10 years’ time.
We would like to thank all of our clients for their continued support during 2016 and look forward another successful year.