Winvic is building two big warehouses for speculative logistics developer Panattoni at its Panattoni Park Luton site, next to the new junction 11A of the M1. The first shed, Luton 345 has a haunch height of 15 metres, and offers 345,000 sq ft of space and an additional 13,500 sq
Leigh MP Jo Platt has praised a North West developer’s cotton mill regeneration project and said it will “be the catalyst to trigger more focus from national government on how towns on the outskirts of big cities can play a crucial role in solving the housing crisis, as well as getting young
Rhatigan Group development to comprise grade A offices, 175-bed hotel and apartments Developer Padraic Rhatigan has commenced construction on the long-awaited Crown Square mixed-use scheme in Galway city. Located on a site of 5.2 hectares (13 acres), the development which will be ready for occupation in 2021, will include 39,483sq
Winvic is building two big warehouses for speculative logistics developer Panattoni at its Panattoni Park Luton site, next to the new junction 11A of the M1. The first shed, Luton 345 has a haunch height of 15 metres, and offers 345,000 sq ft of space and an additional 13,500 sq ft of offices over two floors. The second warehouse, Luton 69, is 13.1 metres high, has a 69,000 sq ft footprint and provides 7,700 sq ft of office space. Winvic will also be carrying out the associated civils and infrastructure work, including car and lorry parking. Both Luton 69 and Luton 345 are expected to be completed in December 2019. Winvic is also already working for Panattoni putting up warehouses at Derby Commercial Park and the East Midlands Distribution Centre. Winvic director Danny Nelson said: “Our relationship with Panattoni has gone from strength to strength, and starting another project together – over a short amount of time – illustrates how hard our whole company works to create robust bonds with clients. We are focused on meeting, and exceeding, expectations and are proud that our values help to position us as a trusted leader in the industrial sector.” James Watson, development director of Panattoni UK, said: “Having appointed Winvic on a number of occasions, we are confident their management and construction of this project will be of the highest standards. We are dedicated to providing only the best quality buildings in the best locations and Panattoni Park Luton fulfils these ambitions, in part due to Winvic’s vast experience in constructing first-rate, modern warehouse facilities.”
Leigh MP Jo Platt has praised a North West developer’s cotton mill regeneration project and said it will “be the catalyst to trigger more focus from national government on how towns on the outskirts of big cities can play a crucial role in solving the housing crisis, as well as getting young buyers on the property ladder.” The comments were made during a recent visit to the Loom Wharf apartments in Leigh. After the £13m regeneration of the Grade II-listed former cotton mill is complete, it promises to bring a new lease of life to the centre of the town, offering luxury homes to those seeking affordable housing and instigating a new wave of investment into the area. Described by Platt as one of Leigh’s ‘red brick giants’, the old cotton mill, which was first built in 1882, is currently under construction with JP McGuire Developments. Having stood empty for over 20 years, following its transformation it will offer 99 luxury one, two and three bed apartments at a variety of price points, starting at £78,000. Commenting on the development, MP Jo Platt said: “Anyone who visits this development will be blown away. What JP McGuire Developments has done is take one of Leigh’s red brick giants, consider its industrial past and bring it forward with the vision of an industrial future for our town. “Projects like this reinforce how important investment and regeneration in areas like this can be, because it highlights how much potential there is in our town to deliver something fantastic, which speaks to the needs of local people. Loom Wharf helps you imagine what Leigh used to be and envisage what it could be like in the future. “This development is an icon which will change Leigh – it will house talent, attract investment, and be the catalyst to trigger more focus from national government on how towns on the outskirts of big cities can play a crucial role in solving the housing crisis, as well as getting young buyers on the property ladder.” Jonathan Twentyman, founder of JP McGuire Developments, who is originally from Leigh and was a student at St Joseph’s, the primary school next to the Loom Wharf building, said: “The entire JP McGuire Developments team were delighted to welcome our local MP to take a behind the scenes look at Loom Wharf. It was a pleasure to be able to describe to Jo exactly what we are envisaging this development will bring to the local area, and to gain her support for our plans. “By providing local people with quality housing like we have created at Loom Wharf, they will be more inclined to use local facilities, use public transport, and encourage their friends and families to live here too. Before you know it, this working-class town – which hasn’t received much investment in recent years – will be thriving again. “Our main goal is to deliver a development which is about more than the look, feel and space. We’ve designed Loom Wharf to encourage interaction, with facilities that will create a new community. We’re delivering a building that will make people want to stay in Leigh, and that’s exactly what this town needs.” Complemented by large reception areas, secure parking, bicycle storage and on-site gym, Loom Wharf will also boast a large dining room and cinema, both of which can be booked by residents for their own private use. First time buyers are encouraged to take advantage of Help to Buy – the government-backed scheme that helps people to purchase a property with only a 5% deposit. The development is due for completion by the end of the year, and over 70% of apartments have sold already. For more information visit http://loomwharf.co.uk.
Rhatigan Group development to comprise grade A offices, 175-bed hotel and apartments Developer Padraic Rhatigan has commenced construction on the long-awaited Crown Square mixed-use scheme in Galway city. Located on a site of 5.2 hectares (13 acres), the development which will be ready for occupation in 2021, will include 39,483sq m (425,000sq ft) of grade A office space distributed across five buildings, a 175-bed hotel, 288 residential units, along with retail, food and medical uses. Designed by architects Henry J Lyons, the development will be set around a central square with a landscaped public realm area and walking track running around its perimeter. Upon completion the scheme is expected to accommodate a total workforce of about 3,500 people between its offices, hotel and other facilities. Funding for the €200 million Crown Square scheme is being provided by US investment firm, Quadrant Real Estate Advisers. Since entering the Irish market in 2015, Quadrant has deployed close to €1 billion across a range of commercial, residential, land, hotel and retail investments. Earlier this year, the company provided about €100 million in finance to Gerry Barrett’s Edward Holdings to support the development of Galway city’s other landmark mixed-use scheme at Bonham Quay. Finance While not as large in scale as the Rhatigan Group’s Crown Square development, Bonham Quay will comprise 25,000sq m (269,098sq ft) of offices alongside 1,904sq m (20,505sq ft) of retail and 8,494sq m (91,439sq ft) of landscaped space. Commenting on Quadrant’s decision to finance the development of Crown Square, the company’s chief executive, Kurt Wright, said: “We are very proud to be involved with the Rhatigan Group in this strategic project. Quadrant view Ireland as offering excellent property fundamentals into the foreseeable future. This is particularly true in Galway which is a desired location for strong domestic and international corporate occupiers.” Sarah Ward of CBRE added: “Crown Square is the first development of its kind in Galway, designed with a large emphasis on placemaking and public realm. The scale of the office buildings will deliver much-needed modern space to the Galway market, and provide high-class amenities to the wider community.”
