Network Space Developments (NSD) has been appointed as Development Manager by St Helens Borough Council for a prime edge of town centre, five-acre site. Located adjacent to the recently completed £54m Glass Futures initiative, the site was recently purchased by the Council with assistance from the Liverpool City Region Combined
Network Space has secured planning permission for a 128,000 sq. ft warehouse, incorporating headquarter style office space, at Estuary Commerce Park in Speke. Network Space submitted a planning application towards the end of last year for the development on a site that was formerly the home of the first Liverpool
Network Space has appointed Bansco to construct Broadheath Networkcentre in Altrincham with completion expected in summer. A pre-let has been agreed to one of the world’s largest logistics companies. Maersk will take a 41,500 sq ft unit at the Atlantic Street site, where some 206,000 sq ft of workspace is
The transformation of a brownfield site in Altrincham is being supported with a £23.25 million loan from Trafford Council. Network Space Developments is set to regenerate the former Cartwright headquarters on Atlantic Street into a mixture of high-quality refurbished space, alongside new builds, creating a modern, multi-let industrial site designed
Network Space has acquired a high profile 4.8 acre (1.92ha) site in Warrington for an undisclosed sum. The site on Winwick Road, approximately 1 mile from junction 9 of the M62, was sold by National Grid and offers a prime redevelopment opportunity within easy reach of Warrington and the motorway
Network Space has secured two significant deals at its speculative multimillion-pound Woodhouse Link warehouse development, near Sheffield, prior to completion. The first unit, which provides 48,900 sq ft has been snapped up by global company, nVent, which acquired Eldon Holding AB and will move its main UK operations site from
Network Space has revealed its plans for the redevelopment of the former Cartwright headquarters on Atlantic Street in Altrincham, Greater Manchester. Re-branded as Broadheath Networkcentre, the proposals include a mixture of high quality refurbishment alongside new builds, creating a modern, multi-let industrial site which will appeal to a variety of
Network Space completes Raven Locks with over half of the scheme already under offer Construction of Raven Locks, a 172,000 sq ft speculative industrial scheme in Salford, has completed, with three units already committed or under offer and strong interest in the remaining space. The 14-acre site on Ravenscraig Road
Specialist developer and investor Network Space today announced that it has sold four property assets comprising more than 400,000 sq. ft of prime industrial and logistics real estate across the north of England to 4th Industrial (“4i”), a new venture backed by TPG Real Estate Partners. Included in the deal
Caddick Construction has been appointed by Network Space Developments to deliver the recently approved 138,000 sq. ft Spitfire Court industrial scheme, part of the Triumph Business Park in Speke. Work is now started on site. Network Space Developments is bringing forward the £15m speculative scheme on behalf of Infrared Capital
BDC 319 : Aug 2024
Network Space Developments (NSD) has been appointed as Development Manager by St Helens Borough Council for a prime edge of town centre, five-acre site. Located adjacent to the recently completed £54m Glass Futures initiative, the site was recently purchased by the Council with assistance from the Liverpool City Region Combined Authority Strategic Investment Fund, for an undisclosed sum. Forming part of Glass Futures’ 15-month construction programme, the land is now serviced and development-ready with access roads constructed and remediation works completed. The appointment marks the second development management role that NSD has secured from a North West local authority this year, following its appointment by Stockport Council to lead the design and delivery of Cheadle Eco Business Park at Bird Hall Lane. The proposed environmentally exemplar, industrial employment scheme is central to the Cheadle Town Investment Plan, which will unlock the town’s economic potential and drive clean growth and secured £4.4million of Towns Fund support. Councillor Richard McCauley, St Helens Borough Council’s Cabinet Member for Regeneration and Planning, said: “Based locally in Newton-le-Willows, Network Space has an excellent track record on overseeing successful developments in our borough – from the top-class, award-winning Mere Grange to Glass Futures, a state-of-the-art, globally significant project which will once again put St Helens at the forefront of glass innovation. “I’m delighted that we will be working with them once again on this exciting new project on our journey to drive forward inclusive growth – providing contracts for local suppliers as part of our commitment to social value, as well as creating job and training opportunities for local residents, all while ensuring our borough maintains its position as a global centre of excellence.” Catherine Chilvers, Development Director at Network Space Developments, said: “We are delighted to once again be working alongside St Helens Borough Council to support their ambition to advance a new phase of development at this strategically important site for the Borough and build upon the success and momentum of the recently completed Glass Futures facility.’’ “Two development management appointments by ambitious local authorities this year demonstrates our long-standing expertise in delivering property led regeneration projects on behalf of a public private partnership. NSD has shown itself to be a trusted partner, with the commercial expertise to guide and accelerate delivery to facilitate new jobs and investment opportunities, and this latest role gives us a further opportunity to do just that.” NSD has already created and modernised almost 10 million sq. ft of multi-unit industrial workspace across the north of England, attracting a variety of global and UK-based businesses. Building, Design & Construction Magazine | The Choice of Industry Professionals
Network Space has secured planning permission for a 128,000 sq. ft warehouse, incorporating headquarter style office space, at Estuary Commerce Park in Speke. Network Space submitted a planning application towards the end of last year for the development on a site that was formerly the home of the first Liverpool Speke Airport which closed in the 80s, it now lies adjacent to Liverpool John Lennon Airport. Low carbon energy, sustainability and wellbeing are integral to the design of the unit which will be delivered to BREEAM Excellent standard. To support this, the unit will feature solar panels, electric vehicle charging and staff welfare areas in a high quality landscaped environment (including a net increase of 98 trees on site). Simon Eaton, senior development manager at Network Space, said: “This proposal will make a positive contribution to economic growth and regeneration, attracting inward investment and job creation into Merseyside. It allows for a wide range of uses within contemporary and flexible space. “Just as importantly, we have pushed the sustainability credentials on this scheme, maximising tree planting on site and creating a highly attractive working environment.” The 6.7 acre site is located on the Estuary Commerce Park at Speke, which is approximately six miles to the south of Liverpool city centre and lies alongside Speke Road. The business park is accessed via Speke Boulevard (A561), providing excellent connectivity to the M62, M57 and M56. It is recognised as one of Liverpool City Region’s premier locations for a wide variety of business occupiers which enjoy a low density setting, superb infrastructure and a location at the hub of a new integrated road/rail network. This site is allocated for industrial and business use within the Council’s Local Plan and it is one of the final plots of the employment development at Estuary Business Park, which is already home to a wide range of international businesses. Network Space is the proactive industrial investment and development company behind a number of key North West projects including the Glass Futures development in St Helens and the £45million Broadheath Networkcentre in Altrincham where 206,000 sq ft of prime industrial development is currently being delivered across 25 units. Jon Thorne at B8RE and Darren Hill at CBRE are the appointed letting agents on the scheme. Darren Hill, Director at CBRE, said: “We are delighted to have been appointed by Network Space to market this opportunity. Estuary Commerce Park is recognised as one of the most established and sought after locations in the region and with the supply of new build industrial space so constrained, this is really welcome news for the market.” The planning application has been prepared by Spawforths, on behalf of Network Space, and the project team included AEW Architects, RPS, Integra and Hannan Associates. Alan Lamb, director at AEW Architects, said: “We are delighted to see Estuary gain planning approval. Our proposals are an evolution of Network Space’s successful design approach, adapted to respond positively to the prestigious Estuary Business Park context. With a focus on reducing the environmental impact of the development, our in house sustainability team has worked with the client to embed BREEAM from the outset and carry out embodied carbon calculations.”
Network Space has appointed Bansco to construct Broadheath Networkcentre in Altrincham with completion expected in summer. A pre-let has been agreed to one of the world’s largest logistics companies. Maersk will take a 41,500 sq ft unit at the Atlantic Street site, where some 206,000 sq ft of workspace is being delivered across 25 units at the 11.5 acre former Cartwright headquarters. Chris Liptrott, Managing Director of Bansco, said: “As a Greater Manchester company, we are delighted to be working with Network Space to regenerate one of the oldest industrialised sites in the area. “The sustainability credentials of the development, and the quality of the space that is being delivered, is already starting to attract high profile occupiers. The development will create new job opportunities, during construction and after completion, helping to boost the local economy.” Regional sub-contractors will be involved and local training and employment opportunities will be provided during construction. Once complete, the scheme will have an estimated GDV of £45 million. The regeneration of this brownfield site will see a mix of high-quality refurbished space, alongside new builds, creating a modern, multi-let industrial destination. With remaining units available from 2,100 sq ft to 28,500 sq ft, the development has the capacity to create upwards of 400 new jobs and provide much needed speculative workspace in the region. Both Network Space and Maersk are committed to a highly sustainable development and will be targeting low or very low greenhouse gas emissions. Across the wider scheme, Network Space will be targeting EPC A ratings and BREEAM Very Good. Bansco is working closely with Network Space to seek to reuse and recycle steel and concrete structures on site, resulting in a significant reduction in embodied carbon within the development. Individual units are being designed to accommodate photovoltaic panels to support renewable energy provision and electric vehicle charging will be delivered across the entire scheme. Simon Eaton, Senior Development Manager at Network Space, said: “This is a fantastic pre-let to a multi-national company and represents some 20% of the scheme’s total floor area. Securing Maersk as an anchor tenant in the most prominent unit on site is a fantastic start. “We are receiving a strong level of enquiries from local businesses and trade occupiers to last mile logistics firms and legal negotiations are ongoing for additional lettings. This best-in-class scheme will deliver high quality employment space, job opportunities, inward investment and economic growth.” Jonathan Williams at Savills and Will Kenyon at B8 have been appointed as letting agents for Broadheath Networkcentre by Network Space. The wider professional team includes Walker Sime, project management and quantity surveying and AEW architects. The scheme is being supported with a £23.25 million loan from Trafford Council. Building, Design and Construction Magazine | The Choice of Industry Professionals
The transformation of a brownfield site in Altrincham is being supported with a £23.25 million loan from Trafford Council. Network Space Developments is set to regenerate the former Cartwright headquarters on Atlantic Street into a mixture of high-quality refurbished space, alongside new builds, creating a modern, multi-let industrial site designed to attract a variety of businesses. Known as Broadheath Networkcentre, some 205,000 sq ft of accommodation will be delivered across 25 units, with workspace available from 2,100 sq ft to 39,500 sq ft. The development has the capacity to create upwards of 400 new jobs and provide much needed speculative workspace in the region. Regional sub-contractors will be encouraged to become involved in the scheme, as well as local training and employment opportunities being provided during construction. Once complete, the scheme will have an estimated GDV of £45 million. A highly sustainable development, the scheme will target BREEAM Very Good and EPC A ratings. Existing steel and concrete structures on site will be reused and recycled, resulting in a significant reduction in embodied carbon within the development. Individual units are designed to accommodate photovoltaic panels to support renewable energy provision and electric vehicle charging will be provided across the entire scheme. As well as supporting Network Space Developments to bring forward the scheme, the loan from Trafford’s Investment Programme includes a number of conditions to promote environmental efficiency, on-site renewable power, electrical vehicle charging points, space for SME businesses and the use of local sub-contractors and apprentices. Cllr Liz Patel, Trafford Council’s Executive Member for Economy and Regeneration, said: “The loan fits well with Trafford’s investment strategy and wider council goals, encouraging the creation of high quality employment space in-borough while requiring high environmental standards and social impacts, as well as providing income that can be reinvested in front line services. “The proposed quality of this scheme and the demand for this type of space from a range of businesses that want to move into or stay in Altrincham gives confidence that it will perform exceptionally well. We are pleased that the developer is re-using a number of existing buildings on site to create modern smaller units that will suit SME occupiers.” Dan Adamson, group finance director for Network Space, said: “We recognised the importance of this site to the local area when we acquired it just over a year ago. Since then, we have worked collaboratively with Trafford Council. This will be a best-in-class scheme and, together, we will maximise the positive impact of the project, delivering high quality employment space, jobs opportunities, inward investment and economic growth. “Planning consent is now in place to repurpose the existing buildings, alongside the delivery of new, energy efficient units. We have already received strong enquiries from a wide range of occupiers ranging from local businesses, trade occupiers to last mile urban logistics firms. “With a prospective occupier already in legals for the largest unit, the strength of the local market is very evident.” Network Space commenced the demolition in early May and is aiming for practical completion in spring 2023. The loan will be repaid in phases post completion. Jonathan Williams at Savills and Will Kenyon at B8 have been appointed as letting agents for Broadheath Networkcentre by Network Space. The wider professional team includes Walker Sime, project management and quantity surveying, AEW architects and Spawforths is the planning advisor.
Network Space has acquired a high profile 4.8 acre (1.92ha) site in Warrington for an undisclosed sum. The site on Winwick Road, approximately 1 mile from junction 9 of the M62, was sold by National Grid and offers a prime redevelopment opportunity within easy reach of Warrington and the motorway network. Network Space is now underway with preparing a planning submission to deliver a high quality, multi-let industrial development of circa 100,000 sq ft. Designed to appeal to a range of businesses and with sustainability a priority, Network Space hopes to start on site next year, providing much-needed, modern workspace in the region with the potential to accommodate up to 200 jobs. Joe Burnett, Development Director at Network Space, said: “The acquisition provides a great opportunity to deliver a variety of multi-let, new build space. With a shortage of light industrial space in the area, it will appeal a range of local, regional and national occupiers seeking small and mid-box urban logistics, alongside traditional multi-let users.” The acquisition follows hot on the heels of Network Space’s purchase of the former Manchester College site at Welcomb Street, Openshaw. Joe added: “This development, and that proposed at Openshaw, will continue to grow our industrial and logistics portfolio. We are also bringing forward other new schemes, close to urban areas in the region, such as Broadheath Networkcentre in Altrincham and the 28-acre former Sovereign Distillery in Huyton.” The Winwick Road site fronts the A49, midway between Warrington town centre to the south and junction 9 of the M62 to the north. It lies close to a variety of well-known retail parks and trade outlets including Network Space’s very successful Gateway 49 Trade Park, which was delivered between 2005 and 2009. B8RE acted for Network Space, Savills acted for National Grid. Building Design and Construction Magazine | The Home of Construction & Property News
Network Space has secured two significant deals at its speculative multimillion-pound Woodhouse Link warehouse development, near Sheffield, prior to completion. The first unit, which provides 48,900 sq ft has been snapped up by global company, nVent, which acquired Eldon Holding AB and will move its main UK operations site from Hellaby to Woodhouse Link. An online retail giant has also agreed a deal for unit 4, where work is set to complete in February on the 23,200 sq ft warehouse with integral office. As a result, only one unit now remains at Woodhouse Link following last year’s letting of unit 3 to BLE Smoke and Fire Curtains Ltd. It is expected that all of the units will be let pre-completion as the remaining unit 2, which offers 13,200 sq ft of warehouse space, is already under offer. Local construction company, Harris CM, is currently on-site delivering 116,505 sq ft of prime industrial space across the four high specification units. All of the units will be ready for occupation in spring 2022 when Woodhouse Link will be capable of fostering some 200 new jobs. Simon Peters, Development Director at Network Space, explains: “Securing a further two significant deals at Woodhouse Link prior to its completion is testament to the quality of space and the great location close to the M1, Sheffield and Rotherham. This, combined with the 24/7 access and wide range of permitted uses has led to strong enquiry levels and the final unit is already under offer.” Woodhouse Link lies close to junctions 31 and 33 of the M1, to the east of Sheffield and on the south side of Rotherham, within the Advanced Manufacturing and Innovation District and close to the Advanced Manufacturing Park at Waverley. The development has planning permission for 24/7 operation and is suitable for manufacturing or distribution uses. The detached and self-contained units all provide secure storage yards and parking, 8 to 10 metre high eaves, integral offices and are designed to a high sustainability standard, including EV charging points, and to a BREEAM Very Good rating. Avison Young and CPP are responsible for marketing the site. Colliers advised nVent on the acquisition of the property. Rob Oliver, principal from Avison Young said: “We were delighted to agree and complete lettings on Units 1 and 4 prior to practical completion, and to attract to the scheme both a leading online retailer, and the relocation of a well-known local occupier. “We had received strong interest in both units from other occupiers, as we did for Unit 2, prior to agreeing terms on it with the chosen party. We look forward to seeing construction complete shortly, and the estate fully occupied and functioning in the next few months.” Ed Norris, Director at CCP said: “The latest deals announced at Woodhouse confirm the quality of the location and building on offer. It is fantastic to conclude these deals prior to practical completion of the units and gives confidence to the region.” The Woodhouse Link project team includes DLA Architecture, Spawforths planners, Tetra Tech and CJR Midlands M&E engineers, Walker Sime QS and project management and Gateley legal.
Network Space has revealed its plans for the redevelopment of the former Cartwright headquarters on Atlantic Street in Altrincham, Greater Manchester. Re-branded as Broadheath Networkcentre, the proposals include a mixture of high quality refurbishment alongside new builds, creating a modern, multi-let industrial site which will appeal to a variety of businesses. The development will deliver 196,000 sq ft of accommodation across eight buildings, with workspace available from 2,100 sq ft to 28,000 sq ft. A sustainable development, Network Space will seek to reuse and recycle existing structures and is proposing the use of photovoltaic panels for renewable energy provision, as well as electric vehicle charging on all units. Simon Eaton, senior development manager at Network Space, explains: “Given its location within South Manchester and proximity to Manchester Airport, the M60/M56 and city centre, Broadheath Networkcentre will appeal to a wide range of occupiers, from local businesses and trade occupiers, to last mile and urban logistics firms. “The development has also been designed with sustainability at the top of the agenda and, by recycling existing steel frames and concrete structures, we are able to significantly reduce the carbon footprint of the scheme. This, in addition to the renewable energy generation and re-use on site, means that Broadheath Networkcentre will score very highly in its green credentials.” A planning application has been submitted and Network Space hopes to start on site early next year, with some of the high quality refurbished units being ready for occupation in summer 2022 and new builds by the end of the year. The development will revitalise the site, creating new jobs and providing much needed speculative workspace in the region. Jonathan Williams at Savills and Will Kenyon at B8 have been appointed as letting agents for Broadheath Networkcentre. The wider professional team includes Walker Sime, project management and quantity surveying, AEW architects, Tetra Tech engineering services and Spawforths is the planning advisor.
Network Space completes Raven Locks with over half of the scheme already under offer Construction of Raven Locks, a 172,000 sq ft speculative industrial scheme in Salford, has completed, with three units already committed or under offer and strong interest in the remaining space. The 14-acre site on Ravenscraig Road in Little Hulton offers six units in total; three detached and self-contained ranging from 29,500 – 61,000 sq ft, along with a terrace of a further three units ranging from 11,000 – 19,000 sq ft. The units currently under offer total over 100,000 sq ft and almost 60% of the site. Network Space Development Director Joe Burnett said: “We have seen a great level of interest in the scheme which is testament to its quality and desirable last-mile location, as well as the depth in the market for this type of industrial space. We already have occupiers lined up for three units with further deals in the pipeline so expect the site to be fully let very soon.” He added: “By bringing this long-standing brownfield site back into use it will bring a positive socio-economic impact to the region by creating timely job opportunities for the local workforce that has been hit by the pandemic.” Raven Locks is situated in Little Hulton on the outskirts of Salford, within 2 miles of both Junction 3 and 4 of the M61 and close to Junction 15 of the M60. This gives easy access to Manchester city centre, Manchester International Airport and on to Liverpool and the south. The scheme provides high quality warehouse space, extensive secure yards, dedicated car parking and electric vehicle charging along with office accommodation and amenities. The larger units offer 10 metre eaves height, dock level access doors and trailer parking. Raven Locks is one of a series of developments being delivered by Network Space Developments across the North West. Architects on the scheme were AEW Architects and construction was undertaken by Portal Construction NW. Asset and property management services have been provided by industrial asset management specialists NSM. NSM is also appointed as agent, along with JLL and DTRE. Further scheme details are available at http://ravenlocks.co.uk/
Specialist developer and investor Network Space today announced that it has sold four property assets comprising more than 400,000 sq. ft of prime industrial and logistics real estate across the north of England to 4th Industrial (“4i”), a new venture backed by TPG Real Estate Partners. Included in the deal are mid-box industrial schemes at Tunstall Arrow South in Stoke-on-Trent – an award winning, fully let 126,000 sq. ft scheme on a 28-acre former colliery site completed in 2018 – and the newly completed 110,000 sq. ft Ashroyd Business Park in Barnsley, South Yorkshire. The deal also includes two light industrial and urban logistics development sites in Liverpool, on which Network Space will deliver 104,000 sq. ft at Estuary Commerce Park and 72,000 sq. ft at Brookfield Business Park. Both schemes will provide a mix of high-quality units which are in short supply. NSM Property and Asset Management will be retained to manage all sites. Richard Ainscough, of Network Space, said: “This deal marks the beginning of a new and exciting relationship with 4th Industrial and TPG Real Estate. Partnerships with respected investors are a core part of our business and we look forward to working with 4th Industrial on this and more. Our investors credibility is matched by our own, we specialise in industrial property across the North of England, providing a unique high-quality solution for development, management and origination.” Derek Heathwood, Managing Director of 4i said: “We are excited to acquire these four high-quality sites. Our strategy focuses on buying quality multi-let light-industrial properties in key UK submarkets. This transaction provides a strong foundation on which to build a platform of scale, placing 4i firmly on the map.” Michiel Celis, Managing Director at TPG Real Estate said: “We have been impressed with the Network Space team and with the quality of the properties they deliver. This transaction is a first step in what we hope will be a very productive cooperation between 4th Industrial and Network Space.” Simon Wood, Director at B8 Real Estate, industrial agents for Network Space, added: “We are not only seeing huge investment demand but continued strong occupational demand across the North of England with a really worrying lack of supply of quality schemes such as this coming through. We are really pleased to be involved with such experienced individuals in Network Space, TPG and 4i in forming this partnership to develop out much-needed quality stock and to build out this platform which we believe will be a great success”. Tunstall Arrow South was the West Midlands’ Regeneration Project of the Year, and one of the most successful recent industrial developments in the region, as part of the Ceramic Valley Enterprise Zone. It is now home to Q-Railing, Boels Rental, Premac-Generac UK, DHL Express and SG Fleet Solutions. Ashroyd Business Park is located at Junction 36 of the M1, directly off the Dearne Valley Parkway. A speculatively delivered scheme consisting of five industrial units ranging from 11,000 to 53,000 sq. ft. Brookfield Business Park in Aintree, Liverpool, has consent for a 72,000 sq. ft across 11 units, with easy access to the M57 and A580. Estuary Commerce Park is the lastremaining frontage plot facing Speke Boulevard of the successful wider commercial area. It offers 104,000 sq. ft across 11 units.
Caddick Construction has been appointed by Network Space Developments to deliver the recently approved 138,000 sq. ft Spitfire Court industrial scheme, part of the Triumph Business Park in Speke. Work is now started on site. Network Space Developments is bringing forward the £15m speculative scheme on behalf of Infrared Capital Partners Ltd. The development plot is currently vacant land to the south-west corner of the Park and the scheme will bring 12 Grade A industrial units to market, taking the total Park footprint to almost 1million sq. ft. The proposed units range in size from 3,000 sq. ft up to 34,000 sq. ft. Six larger warehouse units include ancillary first floor offices, designated parking spaces, generous service yards and loading door access. One sub-divided terraced unit houses a further six smaller business units. Spitfire Court will meet BREEAM Very Good standards and will be zero carbon ready, allowing for easy adoption of future renewable energy technologies. The wider Triumph Business Park site is a major storage, distribution and commercial hub, with 24-hour access, security lodge and entrance barrier. It’s strategically located less than one mile from Liverpool John Lennon Airport, with Liverpool South Parkway transport interchange 1 mile to the north for destinations across Merseyside with links to Birmingham and London Euston. Network Space Development Director, Joe Burnett added: “We are continuing to see good demand for this type of scheme at the moment and we are delighted to appoint Caddick and hit the ground running with a view to getting Spitfire Court ready for occupation by the end of 2021. I am confident that this project will have a hugely positive impact, not only for the continued regeneration success story of the former Triumph factory site, but also for the wider borough.” Caddick Construction Managing Director Ian Threadgold said: “We are delighted to be working with Network Space Developments once again and helping to bring this site back to full use. Despite slowdown concerns nationally, we are seeing a surge in industrial builds across the North West and the Liverpool City Region which can take advantage of the strong transport links and infrastructure, strengthened by a skilled regional workforce.” Triumph Business Park was originally acquired by InfraRed in 2019, for £30m from an undisclosed vendor. Architects for the scheme are AEW Architects. CBRE and B8 are appointed as agents with NSM providing asset management services across the Park.
