Glencar has been appointed by real estate investor and developer, Firethorn Trust to construct a 21-acre site, Peterborough South at Kingston Park in Hampton.
The development will create 500,000ft2 of logistics space across three units, and is expected to be complete by the end of 2022.
The development will be delivered to net-zero carbon in construction and target an ‘Excellent’ BREEAM rating, with a ‘sustainable’ infrastructure which will feature more than 40,000ft2 of photovoltaic arrays, 48 electric vehicle charging points, and 15% roof lighting.
The site was purchased from O&H Properties earlier this year and sits adjacent to existing occupiers including Amazon, IKEA, and DART. It is located within two miles of the A1 (M) at Junction 17.
“Our team is now mobilised and it’s great to be getting underway at the Peterborough South scheme, our first for Firethorn Trust.” said Roy Jones, Glencar Managing Director London.
“This highly-specified, net-zero carbon development has been designed to continue driving investment and employment opportunities within what has become one of the UK’s fastest growing regions. We are now in prime position to bring the scheme forward at pace, as we look to quickly meet increasing occupier demand for quality, sustainable and flexible logistics spaces,” added Paul Martin, Development Director at Firethorn Trust.
The scheme’s letting agents are Savills and Lambert Smith Hampton.