Monday 24th Oct 2016 - Logistics Manager

Cor! What a whopper!

Legal & General Property has won planning for its 900,000 sq ft COR! warehouse scheme at the 70-acre former Gefco UK Car Storage site on Geddington Road in Corby.

The rail-connected cross-docked development will comprise a single warehouse unit of 880,754 sq ft with an eaves height of up to 28m. It will boast 130 loading doors, parking for 301 HGVs or trailers, 470 car parking spaces, as well as a 40,000 sq ft three storey office block. It will be built by development partner Roxhill Developments.

The site already has its own rail head and will be linked via the Midland Mainline to the Port of Felixstowe and Birmingham.

Jonathan Holland Senior Fund Manager at Legal & General Property, said: “We are extremely pleased to have secured planning consent for this strategically important distribution warehouse location. There are very few competing sites which benefit from the scale, flexibility and connectivity of this site, with the added benefit of having a rail head in situ which connects it to the Port of Felixstowe.

“Now that we have consent, we will be able to take forward discussions with a number of interested parties.”

Legal & General, which first submitted plans for the development in May this year, said the new development with bring 1,000 jobs to the area.

Burbage Realty, CBRE and Jones Lang LaSalle, have been appointed to market the scheme.