Planning permission granted for South Wales industrial development

Deeside Regeneration Limited, a joint venture between Maple Grove Developments and Trebor Developments, has received detailed planning consent for its new 4,200m² speculative industrial scheme located adjacent to Junction 35 of the M4 Motorway, on Pencoed Technology Park.

The scheme is supported by the European Regional Development Fund through the Welsh Government. In line with the Welsh Government’s sustainable buildings standards, the scheme aims to achieve a BREEAM ‘Excellent’ rating, putting sustainability at the forefront of the development.

Bob Tattrie, Managing Partner at Trebor Developments, commented: “We are delighted to achieve planning consent which will now allow us to commence construction on site in April, with building completion later this year. 

“The project is available as a single unit or can be divided into two and therefore offers a most attractive mid-box, high-quality, industrial scheme which is very rare in the South Wales market. 

“We expect strong demand given the low availability of quality industrial stock and the location can serve both directions of the M4 (to Cardiff or Swansea) and so is highly flexible”.

Deputy Minister for Economy and Transport Lee Waters said: “This development will provide modern business space. It will also support our commitment to create opportunities and secure lasting economic change for our communities.

“I am delighted we have been able to support this important project, and I look forward to seeing it progress and help make the area a more prosperous place to live and work.”