April 3, 2018

Henry Boot’s Nexus 25 scheme moves closer with green light for junction access

Henry Boot Developments’ Nexus 25 scheme in Taunton has moved a step closer with planning permission for a multi-million pound upgrade of Junction 25 of the M5.

Planning permission for the upgrade was required to validate the Local Development Order (LDO) approval for Nexus 25, with the scheme now green-lighted. HBD will deliver the scheme with its joint venture partner, Summerfield Developments.

Nexus 25 is an important development for Taunton given its capacity to secure inward investment, raise the skill base in the area and create up to 3,000 new jobs.

The scheme will comprise facilities for research and development, high-quality offices, light industrial units and warehouses – flexible premises for a wide range of businesses in various sectors.

Planning approval for access to the site – at Junction 25 – removes a final obstacle to the delivery of the scheme. Junction 25 is the main access point to Taunton, while also providing a vital link to the second primary route into the South West, via the A358 and A303. Aside from unlocking land for the development of Nexus 25, the junction upgrade will also improve traffic flow and ease peak-hour congestion.

The upgrade is expected to cost around £18m, with allocated funding of £12.9m from the Heart of the South West Local Enterprise Partnership (LEP) Growth Deal Fund, Taunton Deane Borough Council, Highways England and developer contributions.

Julian Painter, director and head of HBD’s Bristol office, said: “The approval of works at Junction 25 was essential for the delivery of the Nexus 25 scheme, given that it will create the access road to the 25-ha site.

“Nexus 25 is a hugely significant scheme for both Taunton and the wider county; a catalyst to bring investment into the area, boost skills and create thousands of new jobs. It will make a huge difference in strengthening Taunton’s status as a major growth centre in the South West. With approval for the access route now secured, we’ll be focusing on moving the project forward.”

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The Modern Slavery Act 2015 - Group Statement: View here

Henry Boot PLC and its Group Companies has, following the introduction of the Modern Slavery Act 2015 (the "Act") implemented a number of measures which seek to bring about greater transparency and scrutiny into our various supply chains, in order to combat slavery and trafficking activities. Further to this, over the past year we have been reviewing the measures put in place and seeking to identify additional actions to strengthen our due diligence and transparency. The aim of the Act is in line with our own 'Henry Boot Way' Vision and Values, as updated in 2017, which include 'Respect', 'Integrity' and 'Collaboration', all of which are relevant in our aims as set out in our approach.

We have updated our Human Trafficking and Slavery Statement (the "Statement"), setting out the introductory activities undertaken to reduce the risk of slavery and trafficking activities being present within our business operations. These measures include the introduction of an Anti-Slavery Policy, due diligence requirements, and mandatory contract clauses seeking compliance by our supply chain with appropriate anti-slavery measures. In addition, the Statement sets out the measures to be put in place during 2018.

We will be regularly working with our partners, contractors, suppliers and other stakeholders to bring these measures into effect, and then to review their effectiveness and consider any changes or additional measures which such a review highlights.

Click to access our Statement here.

John Sutcliffe
Chief Executive Officer
Henry Boot PLC
January 2017