Double planning permission secured at Twinwoods

Bedford Borough Council has approved Pigeon’s two planning applications that combine to represent a £43m investment at Twinwoods Business Park.

The first application secures the refurbishment of Building 76 and redevelopment of existing land to make way for a pre-let to CHEP, a leading global supply chain giant. The development will consist of refurbished industrial and office space over 80,000 sq ft, with an additional 7 acres of open storage. The combined investment between Landlord and Tenant will total £40m, and regenerate an empty building improving sustainability credentials and future proofing its use.

CHEP will employ  over 90 staff at the facility supporting the local economy. Construction is due to start in summer 2025 with completion by September 2026.

Adjacent to the first approval, permission has been granted for the creation of a 4.6-acre open air storage facility. Pigeon intends to construct this speculatively off the back of growing demand in the area, representing a £3m investment.

Ben Guest, Director – Investment at Pigeon, commented:
“Since our acquisition of Twinwoods Business Park in December 2023, Pigeon has continued to work collaboratively with existing and new tenants to help grow and meet demand for good quality commercial space in this well-located part of the region. These proposals mark the first full step in securing the future of the business park through regeneration, renovation, and enhancement, following many years of underinvestment. There is a growing demand for industrial and open storage space from local and national firms, and we have significant interest from businesses supporting major projects such as East West Rail, Universal Studios Resort UK, the Black Cat to Caxton Gibbet improvement works and the thousands of new homes due to be built across the Ox-Cam Arc.”