Plans in for 15,000 sq ft warehouse at Aycliffe Business Park
The £2m development on brownfield land in County Durham has been designed and project managed by architect Building Design Northern.
The company, which distributes engineered components, has a £40m turnover and mainly supplies the industrial and automotive industries.
If given the go-ahead, completion is expected for autumn this year.
The North East facility would be the company’s fifth site, alongside its Midlands head office and distribution centre, and locations in Spain and Hungary.
Ryan Doyle, director at Building Design Northern said: “This will be a significant industrial scheme not just for County Durham but also for the UK and North East region…
“The Newton Aycliffe development includes multiple bespoke features to align with the business’s carbon reduction targets, and these have been considered as part of the early design to align with the wider sustainability requirements set out in the County Durham Plan.
“BDN will continue to work on technical aspects of the project throughout the application to ensure a streamlined delivery in line with Olympus Global’s ambitions.”
Keith Rice, managing director at Olympus Global, added: “This latest development supports the next phase of the company’s growth strategy and marks a new chapter in our 50-year history.
“We have multiple clients already in the North East of England, especially within the automotive supply chain, so it seemed the obvious location for us to invest heavily and deliver a new advanced distribution facility to support our growing portfolio and product demand.
“The site at Newton Aycliffe is the perfect location and enables us to build from scratch rather than renovate an existing building.
“It provides immediate access to main transport routes and offers close proximity to the industry’s big players and cluster locations.
“Our clients are fast-paced organisations that require the highest level of turnaround, dispatch and efficiency, so we’re delighted to be working with Building Design Northern to get this off the ground and establish our presence in the North East.”
