Insider Media Limited

Property developer Albion Land has unveiled plans for a new £35m-plus development in Northamptonshire. The scheme could create up to 1,000 jobs and covers 400,000 sq ft of mixed-use commercial buildings in the area known as Horsepower Highway.

The development, to be known as Network 401, will be on a 25-acre site at Brackley between the Northampton Road and the A43, a dual carriageway link to Junction 10 of the M40 and Junction 15a of the M1.

The area currently attracts motorsport and high value manufacturing occupiers due to its proximity of Silverstone.

Albion Land's scheme also includes a proposed 60,000 sq ft health care campus providing new doctors' surgeries, care beds and dental surgery included in the plans.

Simon Parsons, director of Albion Land, said: "Network 401 will be a high quality mixed-use development as befits the location and the growth plans for Brackley.

"The development will reflect specific occupier requirements and we would expect the completed project to create up to 1,000 jobs and substantial inward investment."

He said all commercial uses were possible and the site aims to attract "high value manufacturing and research and development activity".

He added: "The site is likely to be popular with motorsport occupiers, and those organisations wanting bespoke facilities in a high-profile location.

"We believe this site has a key role in contributing to the economic development needs of the town and to broaden the range of facilities available to the local community.

"We are hopeful that the scheme may also resolve the long-running proposal to replace Brackley Cottage Hospital and to provide a site for enlarged healthcare facilities which are required to meet the needs of the growing resident population."