Plans for a £700m redevelopment of the former Honda factory site in Swindon have been approved.
Panattoni, Europe’s largest developer of new build industrial and logistics facilities, will look to begin building 10 new warehouse buildings on the former car production site, after its plans were waved through by Swindon Borough Council on Tuesday evening (April 11). The company’s development director James Watson told the council’s planning committee its proposals would directly create 7,000 jobs, plus 5,000 more “spin-off” roles, according to the Local Democracy Reporting service.
Mr Watson said: “The development will add a value of £295m per annum, or £1.2bn over the first decade, to the local economy. There will be 7,000 jobs created on the site – at its peak Honda employed 5,000 people.”