St Francis Group, together with its joint venture partners iSec have secured planning consent for 824,000ft² of industrial warehouse space on land next to Markham Vale off junction 29A of the M1. The brownfield site has been unused since the Coalite works closed over a decade ago but now joint venture partners iSec and brownfield regeneration specialist St Francis Group will start groundworks immediately to make plots ready for development. Occupiers could move into the high-quality industrial warehouse and manufacturing space from Q2 2021.
The developers have also submitted a second application seeking outline consent for an additional 500,000ft² in two units on adjoining land. At 1.32 million ft² the scheme is expected to play a national role in the ever-expanding logistics market based on increasing demand from e-commerce channels. It is also planned to upgrade the surrounding road network with significant improvement works planned for Buttermilk Lane likely to start early next year.
Talking about the project, Gareth Williams, Development Director at St Francis Group said: “It is well documented that there are significant levels of pent up demand across the region and indeed the UK for high-quality industrial units as businesses look to expand or relocate. A considerable amount of time and effort has gone into ensuring that this development will meet the very high standards expected by today's occupiers. The units will sit in a high-quality environment only minutes from the M1”.