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09
Sept 2020
Knaresborough employment site 'that could support 2,000 jobs' sold
A 38-acre employment site near Knaresborough that could support 2,000 jobs has been sold for an undisclosed fee.
Ilkey property developer Opus North and London-based fund manager Bridges Fund Management have bought the site from a private individual.
They say the development could make a "significant contribution" to the local economy.
The site, located south-west of junction 47 of the A1(M) near to Flaxby Park is allocated as an employment site in Harrogate Borough Council’s Local Plan, which sets out the area's policy and planning framework until 2035.
The site benefits from existing planning permission for over half a million square feet of development for employment uses.
The two companies will now develop a masterplan for the site, alongside stakeholders including Harrogate Borough Council, which "maximises its job-creating potential".
An Opus North spokesperson told the Stray Ferret a decision on what type of employment the site could support will be made at a future date.
An outline planning application will be submitted to HBC later this year.
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Ryan Unsworth, development director of Opus North, said:
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