Rula Developments has secured planning consent to deliver 775,000 sq ft of industrial and logistics space at the 54-acre Teeslink site in Stockton-on-Tees.
The land, adjacent to Eaglescliffe train station, was purchased by Stockton-on-Tees Council in 2021 with money from the Tees Valley Mayor and Combined Authority’s Indigenous Growth Fund (IGF).
Following a competitive tender process, Rula Developments was selected to deliver the industrial and logistics led-development. The space will be available on freehold or leasehold terms with Rula able to deliver build-to-suit accommodation from 3,000 sq ft up to 500,000 sq ft.
Anthony Clitheroe, development director at Rula Developments, said: “We are delighted to secure planning consent to develop Teeslink, working in partnership with Stockton-on-Tees Borough Council. This development will unlock key strategic development land to provide much needed new logistics accommodation for local businesses. We plan to start preparation and enabling works on site imminently to allow the delivery of important new infrastructure and industrial/warehouse units with high ESG credentials in line with occupier demand.”
Lisa Evans, leader of Stockton-on-Tees Borough Council, added: “This is the next step forward in unlocking a vital employment site in our borough which will attract businesses and bring jobs. Eaglescliffe is already home to huge firms and employers like Tata Consumer Products Limited and Nifco. With excellent transport links nearby, in particular with the redevelopment of Eaglescliffe Station, we’re hopeful that once complete, Teeslink will secure bring in investment and boost economic growth in the borough.
“Rula match our high ambitions for the site and have an impressive track record and a wealth of experience. They have demonstrated their ability to operate on similar sites across the country, including Cheshire, Doncaster and Oldham. Plus, this will be their flagship scheme in the North East, with no competing sites of their own in the region.”
Ben Houchen, Tees Valley Mayor, said: “It is essential that our region has the very best business accommodation to attract new investment and support the growth of our outstanding local companies – so it’s excellent to see progress on this significant project. This development will not only further regenerate an important employment location in Stockton through our funding but also complements the improvement works we are carrying out at Eaglescliffe station to make this a growing destination for businesses.”
