By Linda Hall • 30 March 2023 • 1:30
Caption: VAUXHALL WORKS: Historic factory will make way for warehouses
The manufacturer announced the end of car production with the loss of 2,000 jobs in December 2000. The company, now owned by General Motors, blamed the decision on the “rapidly changing European market conditions” and “over-capacity.”
Development company Prologis UK explained to a council committee meeting that they could boost the local economy with 450 jobs by creating 34,250 square metres of flexible industrial and logistics floorspace at the 18-acre Griffin House site in Osborne Road.
The hybrid plans will first require a favourable response from the Environment Agency.
A restored river channel will be running through the site with a wildflower meadow on one side and pedestrian and cycle access path on the other.
“We have worked hard to open up and celebrate the River Lea as a key feature by providing a linear park through the centre of the site,” Caroline Musker, UK head of planning at Prologis, said.
“This represents a £30 million (€34 million) investment in construction,” she revealed. “It should generate more than £66 million (€74.9 million) in gross added value per annum and £660,000 (€749,5654) in business rates annually.”
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Originally from the UK, Linda is based in Valenca and is a reporter for The Euro Weekly News covering local news. Got a news story you want to share?
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