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CITRUS SECURES £75M FUNDING FOR INTEGRA 61 DURHAM

Work Starts On Speculative Development Of Circa 650,000 Sq Ft in Five New Industrial Units Citrus Durham (“Citrus”) has secured £75M funding to enable the speculative development of circa 650,000 sq ft of new industrial space, to be known as Connect, at the Integra 61 mixed-use project at J61 of

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BELLWAY ACQUIRES PRIME RESIDENTIAL SITE AT INTEGRA 61

£300M Durham Mixed Use Scheme Announces Deal With One Of The UK’s Largest House Builders Citrus Durham has announced a major deal with housebuilder Bellway to build up to 100 new homes at the £300m mixed-use Integra 61 development at J61 of the A1(M). Savills was appointed in Spring 2021

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CITRUS DURHAM LAUNCHES 120 HOME INTEGRA 61 SITE TO MARKET

Savills Appointed To Seek Developer For Prime Site Citrus Durham has appointed Savills to market a prime residential site for up to 120 homes at its flagship, £300m mixed-use Integra 61 development at J61 of the A1(M). Savills has been instructed to seek an interested party to bring forward a

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COLLIERS INTERNATIONAL BOOSTS AGENCY TEAM AT INTEGRA 61

Citrus Durham has strengthened the agency team at Integra 61, the North East’s largest new logistics and manufacturing park, with the appointment of Colliers International to join existing agent Avison Young.  The agency team will jointly market the remaining 1m sq ft of industrial/logistics space and circa 80,000 sq ft

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Latest Issue

BDC 319 : Aug 2024

citrus durham

CITRUS SECURES £75M FUNDING FOR INTEGRA 61 DURHAM

Work Starts On Speculative Development Of Circa 650,000 Sq Ft in Five New Industrial Units Citrus Durham (“Citrus”) has secured £75M funding to enable the speculative development of circa 650,000 sq ft of new industrial space, to be known as Connect, at the Integra 61 mixed-use project at J61 of the A1(M), Durham.  Avison Young and Colliers acted for Citrus Durham on the funding. Connect will comprise a 342,000 sq ft industrial/logistics development of four high quality units ranging from 43,000 to 152,000 sq ft. In addition, a 298,000 sq ft stand-alone, 15 metre high bay industrial/warehouse unit will be delivered on an adjacent plot. Connect 298 will be the largest speculatively developed industrial/warehouse unit in the North East for over a decade and will fill a crucial void in the regional supply pipeline. Avison Young and CBRE will be marketing the new units to potential occupiers, helping to meet the demand for high quality new build industrial/warehouse accommodation in the region. GMI Construction has been appointed as contractor for the build and work has started on site with the Connect units ready for occupation in summer next year. The acute shortages of high-quality modern logistics/industrial supply in the North East have been analysed by the Citrus team and the units have been sized to satisfy the growing regional demand for units in this range. Integra 61 is one of the North East’s most significant regeneration projects with outline consent in place for over 3 million sq ft of employment space with the potential to create some 4,000 jobs.  Already home to Amazon’s 2m sq ft Fulfilment Centre, occupiers can choose design and build packages for units to meet their specific requirements, and this speculative phase of development will satisfy those companies looking for space that is already under construction. David Cullingford, Project Lead for Integra 61 and Citrus, said; “The funding will accelerate delivery of the next phase of development at Integra 61. 2022 is proving to be an exciting year with lots of activity on-site and we are looking forward to delivering these new speculative units as quickly as possible. We have a real opportunity here to make a significant contribution to the regional pipeline for industrial/logistics accommodation and to ease the well-documented shortages in the North East. This is a thriving region with a superb workforce and businesses and we hope to bring more jobs and opportunities with this next multi-million pound investment at Integra 61.” Located at J61 of the A1(M), Integra 61 is just 4 miles away from the City of Durham and will also include circa 270 new homes, 70-bed hotel, family pub/restaurant, nursery, drive-thrus and a number of trade counter/roadside units all adding to the diverse offering.

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BELLWAY ACQUIRES PRIME RESIDENTIAL SITE AT INTEGRA 61

£300M Durham Mixed Use Scheme Announces Deal With One Of The UK’s Largest House Builders Citrus Durham has announced a major deal with housebuilder Bellway to build up to 100 new homes at the £300m mixed-use Integra 61 development at J61 of the A1(M). Savills was appointed in Spring 2021 to market the 8-acre site located on the northern part of the Integra 61 scheme, immediately adjacent to Bowburn village. The site already benefits from outline planning consent and following very strong competition, Bellway has now exchanged contracts and is aiming to start on site in Spring next year, subject to detailed approval from Durham County Council. The scheme will comprise a mix of 3 and 4 bed houses with the first units expected to be available from late 2022. Following the completion of major infrastructure works in 2020, Integra 61 is now progressing rapidly and is well on its way to creating thousands of new jobs in the area, adding around £2 billion to the regional economy over the next 10 years. Integra 61 is the largest mixed use employment-led scheme the North East has seen in a generation and is already home to Amazon’s new 2 million sq ft Fulfilment Centre which is fully operational with over 1,000 employees on site. A further 1 million sq ft of employment space will be delivered over the next few years to satisfy huge demand from companies looking to move to or expand in the region, which faces a chronic shortage of good quality industrial and logistics floorspace. The scheme will provide a wide range of unit sizes, from 1,200 sq ft up to 500,000 sq ft or more. In addition to the employment space and new homes, the masterplan for Integra 61 also includes a care home,  70-bed hotel, a family pub/restaurant, nursery and roadside/retail opportunities.  Costa Coffee already has a drive-thru unit on site and further lettings are expected shortly. David Cullingford, Project Director for Integra 61 and Citrus Durham, said; “We are delighted to be welcoming Bellway to Integra 61 and to contribute to its ongoing success. Providing new, high quality homes at Integra 61 has always been an extremely important part of our vision to create a thriving, sustainable community on a mixed-use development in a strategic, well-connected location”. Helen Russell, Land Director for Bellway Durham, said: “Located just off the A1(M) near the popular village of Bowburn, Integra 61 is set to become a high quality mixed use scheme located on the outskirts of Durham City. Working alongside Citrus Durham, we are looking forward to building and delivering a prime new homes development. The development will benefit from the extensive local village amenities Bowburn has to offer and the excellent commuter links to the wider North East region”. “Further plans are set to be submitted to Durham County Council in the coming weeks.” For more information about Bellway Durham visit www.bellway.co.uk/new-homes/durham.

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CITRUS DURHAM LAUNCHES 120 HOME INTEGRA 61 SITE TO MARKET

Savills Appointed To Seek Developer For Prime Site Citrus Durham has appointed Savills to market a prime residential site for up to 120 homes at its flagship, £300m mixed-use Integra 61 development at J61 of the A1(M). Savills has been instructed to seek an interested party to bring forward a high quality development on the 8 acre site within the Integra 61 development which already has planning approval for circa 300 homes, over 3 million sq ft of sustainable employment space, a 70-bed hotel, a family pub/restaurant, a nursery, car showrooms and a number of trade counter/retail units all adding to the diverse offering. Phase 1 of residential development at Integra 61 is currently being delivered by Persimmon, with the £18M Millbeck Grange scheme well underway and the first residents of the total 170 homes moving in last year. Phase 2 is on the northern part of the site which is surrounded by Bowburn Beck, existing and new build housing and is connected to the centre of Bowburn Village by a newly constructed footpath. Savills is inviting offers by noon on Friday 28th May 2021. Located at J61 of the A1(M) Integra 61 is just 4 miles away from the City of Durham and as such is well connected for future residents in addition to having a range of amenities and job opportunities on the site itself, making it a highly sustainable location. The sale of the residential plot follows on from the recent announcement that Citrus Durham was awarded planning consent to deliver a new business hub, Evolution@Integra61, which will be delivered speculatively and add up to a further 23 flexible units available to purchase or lease making the development truly inclusive for occupiers of all sizes. David Cullingford, Project Lead for Integra 61 and Citrus Durham, said; “The residential element of Integra 61 makes an important contribution to the wider project and to meeting the housing requirements in County Durham. We are creating a new community with a wide range of amenities in a safe and attractive environment that’s well connected and of a high quality. We are looking forward to engaging with the successful party to bring forward this next phase of development.” David Craig, Associate Director at Savills, continued; “The site provides developers with a shovel-ready opportunity to deliver a high quality residential development which benefits from excellent connectivity and its proximity to one of the largest mixed use developments in the region. Integra 61 has proven to be a highly attractive location from a housing and commercial perspective and the continuation of its progression will further add to its vibrancy and appeal.” Interested parties to contact David Craig (0191 323 3145) or Ray Minto (0191 323 3142) at Savills Newcastle.

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COLLIERS INTERNATIONAL BOOSTS AGENCY TEAM AT INTEGRA 61

Citrus Durham has strengthened the agency team at Integra 61, the North East’s largest new logistics and manufacturing park, with the appointment of Colliers International to join existing agent Avison Young.  The agency team will jointly market the remaining 1m sq ft of industrial/logistics space and circa 80,000 sq ft of roadside opportunities at the 205 acre site located next to J61 of the A1(M). Following the recent completion of over £20m of major infrastructure works, the £300m mixed-use employment development is now fully operational and has the capability to deliver some 4,000 jobs in total. In addition to being home to Amazon’s new 2m sq ft Fulfilment Centre, one of the UK’s largest logistics buildings, the site has outline planning consent for a further 1m sq ft of employment space with ‘oven-ready’ plots available on a design and build basis which enable occupiers to be operational within a year of deal completion. The pioneering development will also house circa 300 new homes and significant roadside opportunities including drive-thru’s, a 70-bed hotel, family pub/restaurant, nursery, car showrooms and trade counter/retail units.   Fronting onto the newly upgraded A688 and Durham Services, Integra 61 is just 4 miles away from the world-renowned University City of Durham with its population of over 40,000. This, in addition to the 740,000 people living within 30 minutes of the scheme offers occupiers access to an excellent local labour pool. Robert Whatmuff, Director, Colliers International said; “Integra 61 is undoubtedly one of the most exciting developments in the North East, with commercial opportunities to suit a full range of businesses and requirements. Certainty of deliverability is crucial in today’s market and the fact that occupiers can be operational on-site within a year of committing to the scheme is fantastic and will ensure smooth transitions for businesses.” Robert Rae, MD, Avison Young commented; “There has been real momentum at Integra 61 with the site now a hub of activity. Potential occupiers can get a sense of what a significant development the Citrus Durham team has created here and we anticipate high levels of demand for the wide range of opportunities at this strategic site.” David Cullingford, Project Lead for Integra 61 and Citrus Durham, said; “We are delighted to welcome Colliers International to our agency team at Integra 61. Their national outreach and expertise within the roadside sector is second to none and combined with Avison Young’s long-standing involvement with the development, we have a great team to take Integra 61 into its next exciting phase.”

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