Park Developments’ Logistics Division has commenced construction on the first phase of a new €35m logistics scheme at Northwest Logistics Park in Ballycoolin, Dublin. The project will create 120 jobs during the construction phase alone.
Park Developments Group recently secured planning permission for six logistics facilities totalling c. 21,650m² with unit sizes ranging from 1,394m² up to 7,254m². Construction on the first of these buildings is currently underway. The proposed facility, Unit 629 Northwest Logistics Park, comprises c. 4,646m² including c. 376m² of high-quality offices. The proposed facility will be finished to the highest specifications and has a clear internal height of 15m, 5 loading bays, 2 ground level roller shutter doors and a yard depth of 37m.
Northwest Logistics Park is one of Dublin’s premier and most established logistics locations. The park is within 200m of the N2/N3 link road which provides dual carriageway access to the N2 (J3) & N3 (J2) routes and J5 & J6 on the M50 which provides motorway access to all of the main arterial routes from Dublin, to Dublin International Airport and the Port Tunnel.
According to Dick Cuddihy of Park Developments Group: “The logistics sector has witnessed strong levels of interest from occupiers in both the retail and parcel delivery sectors as a result of the surge in online sales throughout Ireland in recent times. This, combined with an all-time low vacancy rate of 3.2% in Dublin and continued growth in the more traditional sectors, means there has never been a better time to re-enter the logistics development market.”
According to Gavin Butler of the sole agents, Savills: “Northwest Logistics Park is a well - managed development and is host to a number of leading international occupiers including DB Shenker, DSV & Wincanton, amongst others. Its pivotal location within close proximity of the major road networks serving Dublin, the airport and the Port Tunnel has been key to attracting market leading occupiers over the last 20 years.”