Russell Group plans £200m hub at Ravenscraig
Plans for head office
Logistics firm Russell Group plans 200 jobs at a £200m headquarters development on the site of the former Ravenscraig steelworks in North Lanarkshire.
The firm is seeking a railhead logistics hub at the former Ravenscraig steelworks site. Construction is scheduled to begin towards the end of next year.
The first phase of the development is expected to be completed by early 2023, with overall completion by early 2026.
Ravenscraig Ltd is a joint venture comprising Scottish Enterprise, Wilson Bowden Developments and Tata Steel.
A masterplan to transform the 376-hectare site, once the site of the largest hot strip steel mill in Western Europe, was approved by North Lanarkshire Council in June last year.
Ravenscraig Ltd director Nick Davies said: “This is the most significant development opportunity proposed to date at Ravenscraig and is one that has the potential to transform the site.