Industrial developer Segro and Rochdale Metropolitan Borough Council are consulting residents and businesses about a proposed simplified planning zone at Heywood Distribution Park.
If granted, the proposals will enable occupiers on the 2.5m sq ft park to see their applications for new units and extensions fast-tracked through the planning process.
Segro and Rochdale council claim the SPZ would put Heywood at a unique advantage over its North West neighbours by improving the marketability of the area for potential occupiers, encouraging new development and creating jobs.
A first round of consultation took place between March and May. The current round of public consultation closes on 26 October.
Chris Billington, development manager at Segro, said: "Segro and Rochdale MBC have listened to views on the plans from the first consultation and have taken the comments into consideration for the second round of the proposals. Granting an SPZ at HDP would help stimulate economic growth, encourage investment and job creation. The SPZ will provide speed and certainty for existing occupiers wishing to expand on site or prospective occupiers' seeking new premises. The scope for Segro to accommodate existing occupiers' needs by helping them to stay and expand on the site will be greater following approval of the SPZ thus enabling employers and firms to stay within the borough."
Over the summer, Segro completed the takeover of industrial specialist Brixton, bringing 3.2m sq ft at Trafford Park under its ownership. Segro acquired Heywood from Moorfield in 2005 for around £150m.