Developer Redsun Projects has submitted an application to progress the second phase of development, totalling 280,000 sq ft, at the industrial scheme in Ellesmere Port.
Under the plans, Redsun would build two distribution units measuring 200,000 sq ft and 80,000 sq ft respectively.
The first phase of the scheme, which is part of the Cheshire Science Corridor enterprise zone, completed last February. This comprised a 125,000 sq ft speculatively developed industrial unit, which Redsun let to personal survival equipment manufacturer Survitec last October on a 20-year lease.
The asset was subsequently sold to UK Warehouse Properties, a joint venture between American fund manager Ares and Midlands-based property developer Revelan, for an undisclosed sum.
The first phase was funded with a loan from the North West Evergreen Fund and investment support from the Cheshire and Warrington Local Enterprise Partnership.
The project team for the second phase includes Fletcher Rae Architects, Quartz Project Services, Muir Associates and Crookes Walker Consulting. Legat Owen and Knight Frank are the joint letting agents for Aviator.
Redsun purchased the 22-acre site previously known as Hooton Park from Homes England in 2017. The first phase occupied seven acres of the site and the second phase sits on 15 acres. Because it is within the enterprise zone, occupiers benefit from enhanced capital allowances against their fit-out costs.
Nick Wightman, director at Redsun, said: “Aviator phase one was an excellent example of what can be achieved when public and private sector work collaboratively together.
“It has elevated Ellesmere Port in the eyes of the investment market and with demand at an all-time high, now seems the perfect time to bring the next phase to the market.”
He added: “There’s a chronic shortage of good quality stock in the region and the quality of the product we’re delivering at Aviator, not forgetting its proximity to the motorway network, will make these buildings highly attractive to occupiers and investors.”
Cheshire West & Chester Council is to determine the application for this next phase of Aviator.