Plans unveiled for major company to open at business park in Northampton – creating 550 'high-quality' jobs
Plans have been unveiled for a major company to open at a business park in Northampton – creating 550 jobs.
Aviva Investors – part of Aviva, one of the UK’s biggest insurance and financial companies – has revealed proposals to build two new warehouses on the final part of Swan Valley Business Park, located next to junction 15A of the M1.
The site, known as Plot 150, covers around 6.5 hectares – equivalent to the size of 10 football pitches – between the A43, A5123 and the Grand Union Canal.
An Aviva spokesman said: “Aviva Investors’ final expansion at Swan Valley will deliver a significant boost to Northampton’s economy, creating high-quality jobs in modern workplaces designed to attract and retain talent.
"The scheme is expected to generate more than 550 new roles across construction, long-term operations and the local supply chain, alongside new apprenticeship and training opportunities.
“It will also inject over £11 million in annual wages into the local economy and contribute around £25 million in total GVA through construction and ongoing operations."
Aviva says the proposals would deliver ‘high-quality’ logistics and warehouse buildings, ‘designed to meet the needs of modern occupiers’.
The scheme provides approximately 20,000 square metres of flexible commercial floorspace across two units with associated offices, servicing areas, and parking.
The spokesman said: “It is one of the most successful logistics sites in the country and employs over 2,000 people from Northampton and beyond.
"With its direct connections to the M1 and proximity to Northampton town centre, Plot 150 represents one of the best-connected and most strategically located employment opportunities in the region.
"Once delivered, it would bring this strategic employment site to its full potential, creating new local jobs and supporting Northamptonshire’s thriving logistics and manufacturing economy.”
A bridge over the Grand Union Canal has already been approved to link the site to Swan Valley Way, according to Aviva. The company says this will complete the road network and provide “safe, efficient access for vehicles, pedestrians and cyclists.”
A public exhibition will be held on Wednesday, 10 December at Pineham Barns School, where residents can view the plans and give feedback as part of the company’s consultation.
They added: “Through this consultation we will ensure the proposals remain sensitive to the character of the area and local concerns.”