Property developer Richardson Barberry has started on construction DPD’s new parcel delivery hub at a £250 million business park in the North East.
DPD has signed a 25-year lease on a 63,000ft² warehouse unit on an eight-acre site at Forrest Park, a joint venture between Durham County Council and local landowners the Forrest family.
The site is located next to Junction 59 of the A1(M) at Newton Aycliffe, Durham.
The joint venture stated that the new hub is expected to safeguard 125 jobs for County Durham and generate up to another 250 jobs as part of the new built-to-suit DPD building at Forrest Park.
Yorkshire-based main contractor Caddick Construction has been appointed by Richardson Barberry and work has now started on site.
Barberry secured reserve matters planning consent for the Grade-A building which will be built with sustainability in mind to BREEAM ‘Excellent’ standards.
Development director for Barberry, Jon Robinson, said: “This is a groundbreaking moment for the North East, Forrest Park, DPD and Richardson Barberry where development work has now started on site, developing DPD’s new regional distribution hub and delivering economic growth and new jobs for the region.
“The site’s connectivity and proximity to the motorway junction, nearby demographic and availability of labour has proved to be a major attraction to potential occupiers who have shown interest in Forrest Park and we hope to share information relating to our next occupier transaction soon.
“We can deliver building opportunities on both freehold and leasehold terms from 30,000ft² up to one million ft².”
