The project serves as the third instruction to date for Glencar following projects in Milton Keynes and Nuneaton.
The development to be known as Baytree Leeds is located within the Stourton Industrial area, approximately 3 miles southeast of Leeds city centre and is being constructed speculatively. It will feature a best-in-class specification, built to BREEAM Outstanding, EPC A and WELL ready standards.
Construction is expected to begin on 6th November 2023 and take 37 weeks to develop with the buildings expected to be ready for occupation by July 2024.
Glencar CEO Eddie McGillycuddy said: "Baytree are at the absolute vanguard of cutting edge sustainable development creating technology enabled buildings designed with flexibility for future change and with the health and well being of building users firmly in mind. As such Glencar are delighted to be working in partnership again to bring forward this impressive scheme.
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"This will serve as the third instruction we have received to date following impressive schemes in Milton Keynes and more recently in Nuneaton for Rhenus in what is one of the most sustainably advanced buildings of its type anywhere in the world.
"Through this our project teams are developing advanced skills and knowledge in sustainable development across a range of technology enabled features, materials and clean air, water, soil and energy. We are very much looking forward to getting on site and delivering an outstanding product that we have become known for."
Casey Ferguson – Baytree's Development Manager for the Baytree Leeds development said: "We are looking forward to starting on site at Baytree Leeds and bringing forward the first phase of this market leading scheme.
"The first phase will consist of two units totalling 222,000 sq ft, providing premium warehousing in an unrivalled location in West Yorkshire, capable of accommodating both national logistics and urban warehousing requirements. There is currently a significant lack of supply for good quality buildings in the Leeds and West Yorkshire market, and we are hoping to capitalise on this supply imbalance by providing best in class buildings in a market that still shows strong demand."
