Miller and RBOS Complete Omega Agreement

LONDON-English Partnerships, the UK Government’s regeneration agency, has now completed the development agreement with Miller Developments and the Royal Bank of Scotland for one of the jewels in its crown, the 558-acre Omega site in Warrington.

It is estimated that the site could provide 6.9 million sf of industrial and office space in total, as well as live/work units, leisure, hotel and conference facilities. It will take over 25 years to develop. Before work can begin, a new motorway junction–Junction 8–must be built off the M62, to give access to the site. Construction is already under way, funded by English Partnerships.

Phase I of the project is likely to include speculative office development to the south of the motorway and industrial units to the north. Eliot Lewis-Ward, Development Manager at English Partnerships said: “We are confident that the proposals will set new benchmarks for development and will create a fully deliverable, sustainable and marketable business park.” Joint agents are GVA Grimley and Jones Lang LaSalle.