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Construction is due to commence in January 2015 and the unit will be available for occupation in Q3 2015
11th November 2014 - Evander Properties, the niche developer and asset manager of logistics and industrial property has today announced plans to develop a 183,000 sq ft logistics and distribution warehouse at its Revolution Park development site in Chorley, Lancashire, funded by British Airways Pension Fund.
The development, which benefits from a detailed planning consent, will commence in January 2015 and will be the first big shed to start on site speculatively in the North West since 2007.
The site is the last available big shed plot on the fully occupied Revolution Park development situated at Buckshaw Village, Chorley, where neighbouring occupiers include Parcelforce, Kimberley Clarke, Wolseley and Multi Part.
Revolution Park is located between Junction 8 of the M61 and Junction 28 of the M6, ideally situated for national and international logistics operations.
The unit will comprise of 171,417 sq ft of warehousing space with 12,500 sq ft office space over 2 storeys. It will feature 12m to underside, 31 dock levellers, 2 level access doors, 142 car and 47 trailer parking spaces.
Dan Burn, director, industrial and logistics at JLL in Manchester, said: “We’re facing an acute shortage of larger units in the region, the type of which typically attract large-scale industrial or logistics operations. But Evander has moved quickly to give itself the ability to boost supply in response to any new immediate requirements.
“We’re expecting the North West’s big box market to continue to strengthen throughout the final months of this year, both in terms of new development and occupier activity. This is being driven in the short term by the UK’s strong economic performance and in the longer term by key infrastructure developments, like Peel Ports’ Liverpool 2 and its other schemes.”
Speaking about the announcement Evander Managing Director Jeremy Greenland said "We feel the timing is right to develop out this final plot at Revolution Park and are ready to start on site immediately after Christmas. This is a marker of our and BAPF’s continued confidence in the prime North West shed market. We look forward to attracting an occupier to the scheme very soon.”
Retained agents are DTRE, JLL, Moriarty and Co & Littler and Co.
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