Chancerygate and Northwood to deliver new Manchester logistics project (GB)

Chancerygate and Northwood unveil plans for Manchester logistics project (GB)

Work has started on a 130,340ft² Grade A last-mile urban logistics development at Trafford Park in Manchester supported by a joint multi-million-pound loan from the North West Evergreen Fund and Trafford Council. Called Bridgewater Point, units on the 5.6-acre site will be available on a leasehold basis and practical completion is expected in February 2024.


A joint venture (JV) between developer Chancerygate and real estate private equity firm Northwood Urban Logistics is delivering the scheme. Once complete, it will comprise 16 leasehold units ranging from 5,000ft² to 13,000ft².


The development finance loan from the North West Evergreen Fund and Trafford Council will help fund the scheme and enable the delivery of high-quality, sustainable employment premises.


Located at 103 Barton Dock Road, Bridgwater Point sits on one of the most prominent sites in Trafford Park. It also benefits from excellent access to Manchester city centre and is one mile from junction 9 of the M60. Neighbouring occupiers include Kellogg’sAmazon, L’Oréal, and Adidas. All the units at Bridgewater Point feature electric vehicle charging points and solar cells on their roofs which provide up to 35% of the units’ energy needs. In addition, the units are constructed from high-performance building materials to reduce CO2 emissions. The scheme is targeting an EPC A and BREEAM Very Good rating.


Chancerygate development director and head of its Warrington office, Mike Walker, said: “We are very pleased to start work at Bridgewater Point as it will deliver the first new multi-unit development in Trafford Park for 15 years. The fundamentals of Trafford Park as a location continue to make it the prime spot in Manchester, and the wider North West, for urban logistics accommodation. The units at the scheme will have stronger sustainability credentials than anything previously developed in the area which will be of interest to occupiers seeking to reduce operational cost.”

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