GLP, a leading investor and developer of logistics warehouses and distribution parks, today announced that it has begun earthworks on the site of G-Park Ashby-de-la-Zouch. G-Park Ashby is a 48-acre development site benefitting from an outline planning permission to deliver build-to-suit logistics warehouse opportunities of up to 736,487 SQ FT. Earthworks are progressing rapidly and are expected to be finished by early 2023, with the full development set to complete by Q1 2024.
The site has a prime location in the Midlands logistics hub, in the heart of the Golden Triangle. G-Park Ashby is conveniently situated adjacent to the A42 and A511, providing access to the M42 to the South and the M1 10 miles to the North East. Urban hubs Birmingham, Nottingham and Leicester are all close by, with Manchester, Liverpool and London also easily accessible. East Midlands Airport, only 10 miles away, and Birmingham International Airport, 29 miles away, also provide convenient air links for transportation.
The site can be developed as either one single unit or two units, depending on customer requirements, with clear internal heights of up to 18 metres. As with all GLP’s developments, the units will be built to enhanced specification and will follow GLP’s rigorous ESG standards. The development will be BREEAM Excellent and WELL ready, and will feature a range of sustainability features including rainwater harvesting and energy tracking and consumption tools for customers.
The development is a prime example of the care taken by GLP to respect and nurture the natural environment. For example, a colony of great crested newts was discovered on the site, which GLP has taken significant time and consideration to rehome, delaying progression with the earthworks until the colony was safely relocated. There will also be an extensive green outdoor space for landscaping and nature, including ecological ponds.
Adrienne Howells, Senior Development Director at GLP, said: “G-Park Ashby is an exciting addition to our portfolio in the Midlands and indicates our ongoing confidence in opportunities in the Golden Triangle, following the success of projects such as Magna Park Lutterworth. Trends such as e-commerce have buoyed already high demand for prime logistics space, particularly high-quality, conveniently-located, sustainable facilities such as this.”
Not only will this new development bring excellent opportunities for our customers; it will also boost employment in the region, creating almost 1000 new jobs and providing major benefits for the local economy. Once again, we are planning our development with place-making as a priority, focusing on environmental features such as our ponds, green open spaces and our G-Hive bee programme.”