Developer Evans Randall Investors has submitted a planning application for a major expansion of MIRA Technology Park (“MTP”) in the Midlands.
The next phase of the parks development, which, alongside further development of the existing MTP site, will see it expand across 150 acres to the south of the existing cluster.
The proposed Southern Manufacturing Sector will link directly into the existing MTP site, adding an additional 2.3m sq ft, bringing the total size of the development to 3.5m sq ft. It will significantly increase MTP’s capacity to accommodate large-scale facilities up to 700,000 sq ft.
James Edwards, Managing Director of Evans Randall Investors, said: “The proposed expansion of MIRA Technology Park, which will allow large-scale manufacturing facilities to be developed alongside the existing, globally unique combination of R&D facilities, engineering services and test assets, represents a major step forward in the evolution of this asset and will bring further inward investment to the Midlands region.
“This masterplan will consolidate MIRA Technology Park’s status as a globally significant cluster, attracting world-leading companies, as well as developing and retaining local talent in the Midlands.”
MTP is already home to over 35 major international companies including Bosch, Polestar, Jaguar Land Rover and Toyota. MTP also contains more than 40 major vehicle development facilities and provides work for more than 1,000 skilled engineers.
Tim Nathan, Managing Director of MIRA Technology Park, said: “The proposals set out an exciting vision for the expansion of the park, which builds on recent momentum. The past year has seen investment in renewable energy generation including a hydrogen electrolyser that will deliver green hydrogen for R&D use and the low carbon innovation hub. This planning application will further solidify the park’s position at the forefront of UK R&D.”
The team will work alongside the local development manager, Swanvale Developments, to deliver the scheme.