UK
Ireland
Scotland
London
Construction News
24/07/2024
Plans Submitted To Develop Urban Logistics Space In Birmingham
Plans have been submitted to develop 270,000 sq ft of Grade A urban logistics space on a former automotive component manufacturing site in Erdington, Birmingham.
The proposals were put forward in a joint venture (JV) between Chancerygate and specialist sustainable and impact investor Bridges Fund Management.
The JV intends to develop a scheme comprising 22 leasehold units ranging from 4,500 sq ft to 60,000 sq ft.
Called Torque, the proposed development will be located on Chester Road in Erdington, on the outskirts of Birmingham city centre and in close proximity to both junction 5 and 6 of the M6. It has a projected gross development value of £77m.
Neighbouring occupiers to the proposed development include Jaguar Land Rover, Volvo and Selco Builders Warehouse, as well as further retail and industrial parks.
Chancerygate and Bridges are also in discussions with two parties on the sale of two prominent plots of land to the front of the estate.
All units at Torque will be fitted with electric vehicle charging points and solar panels on their roofs, which will provide occupiers with green energy on an affordable basis.
The units are being constructed from high-performance building materials to reduce CO2 emissions and occupier operation costs. The scheme is targeting EPC A+ and a BREEAM Excellent rating as a minimum.
Chancerygate development manager, Rob Watts, who is based in the company's Birmingham office, said: “There is unsatisfied demand from SME occupiers in Birmingham and across the West Midlands for high quality, sustainable urban logistics units in prime locations.
"Torque will aim to satisfy this through providing flexibly sized, high specification space on what is regarded as one of the city’s most prominent sites.
"Our proposed plans will regenerate a redundant building into new Grade A accommodation which will be of interest to a range of prospective occupiers. We look forward to working with Birmingham City Council and stakeholders to bring forward this much needed highly specified development."
Agents for Torque are Knight Frank and Gerald Eve.
The proposals were put forward in a joint venture (JV) between Chancerygate and specialist sustainable and impact investor Bridges Fund Management.
The JV intends to develop a scheme comprising 22 leasehold units ranging from 4,500 sq ft to 60,000 sq ft.
Called Torque, the proposed development will be located on Chester Road in Erdington, on the outskirts of Birmingham city centre and in close proximity to both junction 5 and 6 of the M6. It has a projected gross development value of £77m.
Neighbouring occupiers to the proposed development include Jaguar Land Rover, Volvo and Selco Builders Warehouse, as well as further retail and industrial parks.
-- Advertisement --
Chancerygate and Bridges are also in discussions with two parties on the sale of two prominent plots of land to the front of the estate.
All units at Torque will be fitted with electric vehicle charging points and solar panels on their roofs, which will provide occupiers with green energy on an affordable basis.
The units are being constructed from high-performance building materials to reduce CO2 emissions and occupier operation costs. The scheme is targeting EPC A+ and a BREEAM Excellent rating as a minimum.
Chancerygate development manager, Rob Watts, who is based in the company's Birmingham office, said: “There is unsatisfied demand from SME occupiers in Birmingham and across the West Midlands for high quality, sustainable urban logistics units in prime locations.
"Torque will aim to satisfy this through providing flexibly sized, high specification space on what is regarded as one of the city’s most prominent sites.
"Our proposed plans will regenerate a redundant building into new Grade A accommodation which will be of interest to a range of prospective occupiers. We look forward to working with Birmingham City Council and stakeholders to bring forward this much needed highly specified development."
Agents for Torque are Knight Frank and Gerald Eve.
Latest Construction News
29/01/2025
Caddick Construction has been awarded a £43 million contract to deliver the first phase of Cole Waterhouse's flagship regeneration scheme in Digbeth, Birmingham.
The project, known as Upper Trinity Street, marks a significant step in the area’s transformation.
Spanning 182,986 square feet, the re
29/01/2025
McLaren Construction has been appointed by O&H Properties to deliver the first phase of a £60 million Foster & Partners-designed development at the corner of New Bond Street and Grafton Street in London’s West End.
The seven-storey, 5,400 square metre prime retail and office scheme will feature ret
29/01/2025
GMI Construction Group has been awarded a contract to develop three high-specification warehouse units totalling over 175,000 square feet at Precedent Drive, Milton Keynes.
The £20 million project, commissioned by DV5 Last Mile Developments (UK) Ltd, a joint venture between Coltham and Delancey Re
29/01/2025
Plans for 106 sustainable new homes in Southville, a neighbourhood in South Bristol, have been approved as the city seeks to increase housing delivery to address growing demand.
Top 10 award-winning housebuilder The Hill Group will create a £60 million development on Raleigh Road, on land that was
29/01/2025
Bouygues UK has reached a major milestone in the fourth phase of the Hallsville Quarter regeneration project in Canning Town, London.
The project, part of the £3.7 billion Canning Town and Custom House Regeneration Programme, recently held a topping out ceremony, marking the completion of the 11-s
29/01/2025
Willmott Dixon Interiors is carrying out a significant upgrade to the roof of the National Maritime Museum in Greenwich, one of London's most iconic cultural landmarks.
As part of the £12 million project, the company is installing over 23,000 square feet of sun-protected glazing above the museum’s
29/01/2025
Equans has been appointed by Babergh and Mid Suffolk District Councils to carry out crucial decarbonisation work across the councils' housing stock, using funding secured through the Social Housing Decarbonisation Fund (SHDF).
The councils used the South East Consortium's Zero Carbon Framework to s
29/01/2025
In the world of construction, the quest for energy efficiency and sustainability is ever-evolving. Among the array of solutions available, EPS (Expanded Polystyrene) insulation stands out as a versatile and effective option for enhancing the thermal performance of buildings, particularly when used f
29/01/2025
BCP Council has completed significant coastal protection works at Hamworthy Park, ensuring its resilience against erosion for the next 20 years.
A 200-metre stretch of sea wall along the eastern promenade has been reinforced using low-carbon concrete, while new steps have been constructed to improv
29/01/2025
Geo-environmental consultancy and remediation contractor, The LK Group, has strengthened its team with a trio of recruits.
The multidisciplinary company's latest raft of hires comprises a new director, associate director and remediation manager.
The geo-environmental specialist, headquartered i
