Silverstone site targeted for new motorsport business park

Clowes Developments submit development plans for Podium Business Park, near famous UK racetrack.

Silverstone site targeted for new motorsport business park

Construction Enquirer

  • Units between 8,000 sq ft and 75,000 sq ft will be available for purchase
  • The business park will target engineering and motorsport companies

UK-based property investor Clowes Developments has formally submitted plans to build a major business park aimed at high-performance engineering and motorsport organisations.

The business park, located adjacent to the A43 near Silverstone Circuit, will be 345,300 sq ft and will offer units of 8,000 sq ft to 75,000 sq ft across the site.

The development is designed to bolster local motorsport and engineering companies in the Northamptonshire region, with its strategic location designed to offer attractive transit links nationally, as well as overseas.

"At the traditional core of high-performance engineering in Northamptonshire is the manufacture of F1 and other racing cars and engines," Ian Harman, director of Prop-Seach, the marketing agent behind the development, told Construction Enquirer.

"However, the supply chain includes a large number of associated companies which provide niche products, testing and measurement services, and high-end customised finishes – often requiring bespoke premises.

"This scheme will build on the success of the adjacent industrial estate and provide a complimentary opportunity for economic growth in West Northamptonshire, in a location which has high quality links to local, regional and national markets."