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Speculative Development

GLP announces a further 2.3 million ft2 of speculative development in the UK

Liza HelpsBy Liza Helps22nd July 20212 Mins Read
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GLP, a leading Logistics and warehouse developer and investor, GLP, has this morning announced plans to speculatively develop a further 2.3 million ft2 of logistics warehousing space at strategic sites across the UK.

The sites include the Mammoth 602, a 602,000ft2 logistics/warehouse unit at G-Park Doncaster, situated directly off Junction 4 of the M18.

In addition, a 1 million ft2 site across three units of 200,000, 297,000 and 503,000ft2 will be built at Magna Park North, Lutterworth, as revealed by Logistics Manager in April.

Two units of 117,000 and 140,000ft2 will come to the new G-Park Milton Keynes development situated just one mile from Junction 14 of the M1. Three units of 26,000, 48,000 and 89,000ft2 will be built on the new G-Hub Crawley development strategically located for last-mile logistics solutions. And finally, a 257,000ft2 warehouse will be built at G-Park Skelmersdale offering excellent access to M58 and M6 motorway.

The units will each benefit from GLP’s best-in-class specification including wide service yards, significant HGV and car parking allocations, together with dock levelers, level access doors, increased natural light, electric vehicle charging and abundant power supply.

Each development will be BREEAM Excellent, designed to WELL principles and feature a range of sustainability and energy efficiency measures that are designed to continuously improve GLP’s environmental aspirations.

“We are seeing continued strong customer demand for Grade A sustainable warehouse space in our market,” said Bruce Topley, Managing Director, UK, GLP. “This is primarily driven by the ongoing growth of e-commerce coupled with the need for supply chains to be improved further and significant supply constraints. These new developments are a response to that exceptional demand.”

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Liza Helps is the contributing property editor at Logistics Manager magazine. She is an award-winning journalist with more than 30 years’ experience covering topics ranging from the logistics of redeployment of the British Army from Afghanistan to e-commerce and the in and outs of warehouse development and design. She has specialised in logistics property for the magazine.

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