11th September 2015 back to news

Ashfield Land Purchase Aberdeenshire Farmland

Ashfield Land Purchase 64 Acres Aberdeenshire Farmland

 

Ashfield Land has snapped up 64 acres of Aberdeenshire farmland and unveiled plans to invest £80 million in a business, retail and leisure complex.  The site sits at a crucial junction of the A90 and the proposed new city bypass Aberdeen Western Peripheral Route (AWPR), just north of Aberdeen. It has potential to deliver up to 400,000sqft of Business Park and about 200,000sqft of retail and leisure facilities on the site next to the main A90 Aberdeen – Fraserburgh road and is   part of a much larger scheme, also involving north-east house builder Kirkwood Homes, which includes 600 new homes and a proposed Park and Ride facility which will transform this area in the Energetica development corridor.

Ashfield is already working on projects elsewhere in Scotland and the UK.

 

As well as being in the Energetica corridor, a 30 mile zone between Aberdeen and Peterhead being proposed as a base for businesses and research institutions with links to the energy industry, the Blackdog site is accessed directly off the junction between the A90 and the AWPR.

 

Ashfield Land director, Steven McGarva, said: “Ashfield is thrilled to have secured the site and be working on this development. We look forward to working in partnership with Kirkwood, the local authority and other stakeholders to deliver a high quality lifestyle, leisure and, ultimately, a global business location in Aberdeenshire within Europe’s largest offshore oil and gas cluster. Scotland is an area of key strategic importance for Ashfield and this is one of the several major developments we are currently working on.”

 

The revised masterplan for the wider scheme is currently being developed in partnership with Kirkwood Homes, which will take forward the site earmarked for 600 homes. A “proposal of application” notice has been issued and a full planning application is expected in early 2016.

 

Simpson Buglass, Aberdeen office partner for Graham & Sibbald commented: “we are delighted to be working with Ashfield Land on this site. When this opportunity came to our attention Ashfield seemed the logical developer as they are an experienced and strategic investor who will take a medium term view. With their successful development history throughout the country they understand the game-changing dynamics and development opportunities that completion of the AWPR in winter 2017 will bring.”  

 

(Photograph L-R: Simpson Buglass, Steven McGarva)