It aims to transform a 90-acre site at Sherburnin- Elmet into a business and employment park next to the Sherburn Enterprise Park, which lists Debenhams, Sainsbury, Optare and Eddie Stobart among its occupiers.
Glentrool director Jeremy Nolan said: “We are tremendously excited by this development.
The success of the adjacent Sherburn Enterprise Park has underlined the potential of the location, both in terms of the labour force and transport links.
“Our plans for this site will lead to significant and much-needed inward investment in the area, both during the construction phase and when it is occupied.
The Proving Ground development will provide modern business accommodation, fit for the 21st century, which will contribute a welcome boost to the economy of the Selby district.
If approved detailed applications for specific parts of the site could be submitted this Autumn with the opportunity for work to start on site in 2014.
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