Helios Real Estate and Northumberland Estates have been granted planning permission by Stockton Borough Council for a new 2m sq ft multi-level logistics building at Wynyard Park in the Tees Valley.
The scheme is understood to be being developed for Amazon and will sit on an 82-acre site to the north of Wynyard Business Park.
Enabling works have already started and the building is due to be completed in July 2022, creating 1,300 jobs.
Helios chairman Trevor Cartner said: “Wynyard Park has become a major destination for international and local businesses and this new logistics project will bring further investment into the region.”
More than 65 businesses, employing more than 2,000 people, are already located at Wynyard Business Park, which has potential to deliver a further 1m sq ft of commercial space.
Knight Frank and Dodds Brown are letting agents at the park.
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