Wilton secures Dynamo Park anchor tenant
National Highways has signed a 29,500 sq ft pre-let at the 560,000 sq ft industrial estate fronting the A19 in Stockton-on-Tees.
Stainforth Construction has been appointed to build the facility, which will be the first unit at the development, as well as the site-wide infrastructure.
The combined office and depot is expected to be occupied by 270 staff by the end of the year, and Carter Jonas has been appointed to represent the National Highways project team.
Located on Cheltenham Road, Dynamo Park has outline consent for 400,000 sq ft, and detailed consent for 220,000 sq ft, of industrial, storage and warehouse, next to retail and trade outlets at Portrack Lane.
Wilton acquired the site from Canmoor for an undisclosed sum in 2023 and has since enlisted HTA and Savills to lead on the marketing of the development.
Rach Whitfield, development director for Wilton Developments, said: “It’s fantastic to secure such a high-profile occupier as the anchor for this flagship development. It will set a benchmark for a high-quality range of industrial space planned for Dynamo Park.
“We are now on site delivering the infrastructure needed to open up the remaining plots for a further 530,500 sq ft of industrial space at this prime A19 location.
“The development will drive job opportunities, inward investment and economic growth in the area, capitalising on the lack of available stock in the region for businesses wanting to upgrade their facilities and environmental credentials.”
Steve Cooke, director of estates & facilities services, National Highways said: “The development of our new combined office and depot at Dynamo Park will become an important part of our estate supporting our long-term vision of connecting the country.
“As we take over direct operational control of the management of the A19 the new facility will be key in delivering safe, well-maintained roads.
“We are also consolidating our nearby Darlington office onto the site to ensure we have an efficient estate to support operational delivery which is ‘Better, Greener and Smaller’.”
