PLP have kicked off the leasing of its carbon net zero logistics park in Milton Keynes (“PLP MK”) with a 71,000 sq ft pre-let to Huel, the market-leading food brand. The state-of-the-art unit is currently under construction, being built to the highest specification and with energy saving technology. When it
Construction of BREEAM excellent unit is situated at PLP’s newly acquired 17-acre development site at the well-established and successful Stone Business Park in Stafford Glencar, a leading UK construction company that was recently ranked amongst Europe’s fastest growing businesses, has today announced that it has been appointed by long term
PLP will commence construction of Phase 1 at PLP Milton Keynes in April, having been granted detailed planning consent. The first phase at PLP MK will total 1.05 million sq ft and comprise of 10 units ranging in sizes up to 308,516 sq ft. The target delivery for the first
Project constitutes the final phase of PLP’s prime employment park development at Basford West in Crewe. Glencar, a construction company that was recently ranked amongst Europe’s fastest growing businesses, has today announced that it has been awarded a project by specialist developer, manager and owner of UK logistics and industrial
Two of the most active commercial property companies in the north of England, Sterling Capitol and PLP, have entered into an agreement to deliver a 100-acre development in south Leeds. The development, which will be an extension of Sterling Capitol’s Capitol Park Leeds, by Junction 28 of the M62, has
Logistics and industrial property business PLP is building its first net zero carbon ready speculative logistics development. It is being constructed at its 343,000 sq ft warehouse at Smithywood, Sheffield, and is due to complete in September 2020. PLP says it plans to deliver all future speculative builds to the
Specialist logistics developer and investor PLP (Peel Logistics Property), has bought a 17 acre development site at Smithy Wood Business Park in Sheffield from St Pauls Developments and the Norfolk Estate where it will speculatively build a 343,000 sq ft warehouse. The site was sold subject to planning and having
BDC 319 : Aug 2024
PLP have kicked off the leasing of its carbon net zero logistics park in Milton Keynes (“PLP MK”) with a 71,000 sq ft pre-let to Huel, the market-leading food brand. The state-of-the-art unit is currently under construction, being built to the highest specification and with energy saving technology. When it completes in December 2023, the unit will provide Huel with a new manufacturing and distribution facility to serve their growing customer base across the UK and Europe. The 71,000 sq ft unit is one of 10 units being delivered within Phase 1 at PLP MK, totalling 1.06 million sq ft. Units 1 to 4, totalling 849,000 sq ft, are now complete with the final 6 units currently under construction with TanRo and will all be delivered by January 2024. PLP MK is the first industrial and logistics business park in the UK to be carbon net zero in construction and benefits from arguably the best leisure and amenities in the market. The business park environment and proximity to Milton Keynes City provides customers with an outstanding working environment. PLP MK was acquired in 2021 by PLP’s inaugural investment vehicle, the PLP UK Logistics Venture 1 (UKLV 1), which is owned by majority investor Ivanhoé Cambridge alongside Peel L&P, Macquarie Asset Management (MAM) and PLP senior management. Edward Jackson, Development Director at PLP commented: “Delivering best-in-class buildings, and a best-in-class business environment, speculatively at PLP MK demonstrates how confident we are in our product. Huel stands out from the crowd. We are delighted to welcome them to PLP MK and we look forward to welcoming many more customers in the near future.” Ruvan Mendis, Chief Operations Officer of Huel said: “We are extremely excited to announce the opening of our new state of the art manufacturing site in Milton Keynes in early 2024. The site developed by PLP will have some of the best sustainability credentials in the country and reinforces our commitment to minimising our impact on animals and the environment. This factory is a key part of our growth ambitions for the future, and over the coming months we’ll be recruiting for a wide range of manufacturing roles to operate the site, taking our overall team of Hueligans well past the 300 milestone.” Kirkby Diamond advised PLP and Knight Frank represented Huel. Building, Design & Construction Magazine | The Choice of Industry Professionals
Construction of BREEAM excellent unit is situated at PLP’s newly acquired 17-acre development site at the well-established and successful Stone Business Park in Stafford Glencar, a leading UK construction company that was recently ranked amongst Europe’s fastest growing businesses, has today announced that it has been appointed by long term customer and specialist UK Logistics and industrial property business PLP to construct a 344,500 sq ft warehouse unit being developed speculatively on a 17-acre site at Stone Business Park in Stafford. The site situated on Brooms Lane will feature the redevelopment of a redundant and recently vacated data centre into a new, high specification logistics warehouse that will include over 20,000 sq ft of office accommodation. The development will also feature a separately accessed, secure service yard up to 67m deep, 300 car park spaces and the retention and enhancement of the existing landscaping belt around the perimeter of the site. Construction commenced at the beginning of September with completion scheduled for Q2 2023. To mark the start of work on site, a ground-breaking event took place on the 4th October, attended by representatives from PLP, Glencar and the wider project team. The scheme is being developed to achieve a BREEAM Excellent rating and, as with all PLP speculatively developed properties, adhere to the UK Green Building Councils Net Zero Buildings Framework. PLP’s carbon net zero (CNZ) framework combines CNZ construction with CNZ ready design, to enable future occupiers to achieve CNZ operation by utilising built-in renewable energy features and procuring appropriate renewable energy supplies. This includes the use of solar photovoltaics, air source heating and cooling, LED lighting and electric car charging points. Future flexibility is also built into the design, with features such as a strengthened roof to enable full coverage of solar photovoltaics and underground infrastructure to facilitate 100% of all car and HGV parking spaces to have electric charging points. The project is forecast to deliver a host of significant socio-economic benefits including over 100 additional jobs during the construction phase and over 500 new permanent jobs once the scheme is occupied. The completed and occupied scheme will also contribute additional GVA of £24.5 million annually to the local economy. Commenting on the appointment Glencar Managing Director Midlands and North Pete Goodman said: “We are absolutely delighted to once again be working for our long-standing and much valued customer PLP on this incredible new speculative development. This scheme represents the fifth project we have worked on together with PLP and is typical of the strong customer partnerships we place great emphasis on building.” The PLP building specification is market leading with a host of building innovations and carbon net zero features, designed to be ‘future flexible’ to enable future occupiers to benefit from their own renewable energy sources.” Located on Brooms Road, the site is extremely prominent and the gateway to the well-established and successful Stone Business Park. It is highly accessible by road with the A34 dual carriageway adjacent and Junction 14 of the M6 motorway located only 5 miles to the south and Junction 15 of the M6 only 9 miles to the north. The project team comprises of WSP as planning consultants, PHP Architects – Architects, Knight Webb – Project Managers and Hydrok – Engineers..
PLP will commence construction of Phase 1 at PLP Milton Keynes in April, having been granted detailed planning consent. The first phase at PLP MK will total 1.05 million sq ft and comprise of 10 units ranging in sizes up to 308,516 sq ft. The target delivery for the first units will be in Q1 2023. The reserved matters approval launches construction of the first phase of the 135-acre site, which will be delivered within PLP’s Carbon Net Zero Commitment. PLP MK is wholly focused on providing customers with a best in a class working environment, market leading flexibility and uncompromised design. Adhering to the UK Green Building Councils Net Zero Buildings Framework. PLP’s carbon net zero (CNZ) framework combines CNZ construction with CNZ ready design, to enable future occupiers to achieve CNZ operation by utilising built-in renewable energy features and procuring appropriate renewable energy supplies. Phase 2 at PLP MK will follow Phase 1 and is available to deliver Design and Build units up to 1.15 million sq ft on 43.5 acres. PLP Milton Keynes, was acquired in 2021 by PLP’s flagship investment vehicle, the PLP UK Logistics Venture (UKLV), which is owned by majority investor Ivanhoé Cambridge alongside Peel L&P, Macquarie Asset Management (MAM) and PLP senior management. Edward Jackson at PLP, said: “Milton Keynes is a premier logistics location and will provide best in class space to our customers serving London, the South East, Midlands and beyond. We intend to speculatively develop the consented 10 buildings immediately to meet the extremely high levels of demand from local and national businesses. PLP MK is going to be a best in class working environment, raising the bar and setting a new standard for our customers and our ESG targets. We look forward to working with Winvic Construction Ltd on the Infrastructure and welcoming businesses to PLP MK.” Richard Saul at Ivanhoé Cambridge: This achievement marks a major milestone in the Business Plan for Milton Keynes. The site and its design will mean that we are delivering, alongside our partners, the very best in class park and buildings meeting the demands of our customers. Incorporating PLP’s Net Zero commitment alongside Ivanhoé Cambridge’s recently announced ESG commitments means we are delivering a logistics park for the future.” Burbage Realty, Savills and Kirby Diamond have been appointed as marketing agents for the scheme.
Project constitutes the final phase of PLP’s prime employment park development at Basford West in Crewe. Glencar, a construction company that was recently ranked amongst Europe’s fastest growing businesses, has today announced that it has been awarded a project by specialist developer, manager and owner of UK logistics and industrial properties PLP to construct a new 456,736 sq ft (Crewe 460) speculative big box logistics unit at a prime development site at Basford West in Crewe. The project constitutes the final phase of PLP’s development on the prime employment park with construction work expected to start imminently and completion scheduled for December this year. It is Glencar’s third scheme for PLP, following the successful completion of the first phase at Crewe in 2020 and a further development at Ellesmere Port. Crewe 460 is being constructed to be a ‘best-in-class’ warehouse and logistics facility featuring 15M clear internal height, 72M deep service yard, three-story external offices of over 30,000 sq ft together with a separately accessed car park with 442 spaces. As with all PLP speculatively developed units, Crewe 460 will be constructed in accordance with the UK Green Building Council Carbon Net Zero standard. The design has been developed to minimise embodied carbon during construction. It also includes numerous measures to enable the end occupier to transition easily and affordably to carbon net zero operation including solar photovoltaics, air source heating and cooling, LED lighting and electric car charging points. Further, the building is designed for the occupier’s future flexibility such as a strengthened roof to enable full coverage of solar photovoltaics and underground infrastructure to allow 100% of all car and HGV parking spaces to have electric charging points. Talking about the contract award, Peter Goodman Glencar Managing Director Midlands and North said: “At Glencar we place great emphasis on long term customer relationships, and we are delighted to be working with the PLP team again to deliver this high quality big box development. Our recently opened Manchester office is now working on a growing number of projects across the North West and we continue to capitalise on the opportunities being driven by the levelling up agenda and the growth of the Northern Powerhouse.” Phase 1 of PLP Crewe, comprising of two units of 92,500 sq ft and 43,000 sq ft also constructed by Glencar, was completed in 2020 and let immediately to Likewize (formerly Brightstar), the world’s leading provider of integrated solutions for the mobile and financial industries.
Two of the most active commercial property companies in the north of England, Sterling Capitol and PLP, have entered into an agreement to deliver a 100-acre development in south Leeds. The development, which will be an extension of Sterling Capitol’s Capitol Park Leeds, by Junction 28 of the M62, has the capacity to create 2,000 new and sustainable jobs. An outline planning application for the site is scheduled to be submitted to Leeds City Council next month. Mike Heydecke, director of Leeds-based Sterling Capitol, commented: “We are absolutely delighted to be working with such an accomplished company as PLP. Their reputation for delivering high-quality and award-winning logistics developments is fully deserved and they are the ideal partner for high-profile projects. “Our joint skills as developers complement each other perfectly. We have worked hard to prepare the Leeds site for planning and PLP will drive the development forward, building high-spec industrial and logistics units which will attract quality occupiers. We are also looking forward to working with PLP on future projects across the north. “The Capitol Park site is a crucially important development for south Leeds, creating much-needed jobs and providing a timely boost to the area’s economy. The success of Capitol Park Leeds, adjacent to this new site, has proved that the location, just by the M62 and close to Yorkshire’s excellent motorway network, is a winner.” Keith Wilson, Development Director of PLP commented “We are delighted to have entered into an agreement with Sterling Capitol. They have a fantastic reputation for delivering large-scale developments and this partnership approach will give us the opportunity to help bring forward some of the best sites in the region. “We now look forward to developing out new prime industrial and logistics facilities at Capitol Park Leeds and in keeping with PLP’s sustainability commitment, all new speculative buildings here will be delivered to Carbon Net Zero standard which is already proving a key attraction for occupiers,” he added. Capitol Park Leeds is arguably the leading out-of-town business park in Leeds with premium occupiers including Barratt Homes, Hermes and NHS Shared Business Services. Sterling Capitol have also developed Capitol Park Barnsley and Capitol Park Goole, creating over 3,500 jobs. The company is also working with Strata Homes on the Barnsley West residential and commercial development by Junction 37 of the M1, which will create another 3,000 jobs. Meanwhile PLP, which was established in 2015, is a specialist UK logistics and industrial property business. The company acquires land and builds out prime industrial and logistics facilities, either speculatively or pre-let to blue-chip occupiers. It is extremely well-funded with a national remit and has recently made significant investments in the Yorkshire region where it is already developing and investing in four locations, either constructing or having completed six units in the last 12 months, ranging in sizes from 45,000 sq ft to over 500,000 sq ft, including the award-winning Bessemer Park development in Sheffield.
Logistics and industrial property business PLP is building its first net zero carbon ready speculative logistics development. It is being constructed at its 343,000 sq ft warehouse at Smithywood, Sheffield, and is due to complete in September 2020. PLP says it plans to deliver all future speculative builds to the UK Green Building Council’s (UKGBC) Net Zero Carbon Ready standard. It is working with the Turley sustainability team and carbon neutrality and climate finance experts Natural Capital Partners. The firm has assessed carbon emissions from construction through life cycle assessment of materials and products, and reduced these emissions through the inclusion of materials with a lower carbon footprint. And it will mitigate any remaining construction carbon emissions to net zero by funding high quality carbon offset projects, achieving CarbonNeutral® development certification through The CarbonNeutral Protocol. The new building is also be designed to promote energy efficient and low carbon operation, with solar photovoltaics and air source heat pumps and 100% LED lighting. Further design measures, including roof strengthening, will allow the operator to install additional solar photovoltaics and battery storage in future to further enhance environmental performance. Jeremy Greenland, CEO at PLP, said: ‘PLP is committed to deliver best in class, sustainable and future-proof units. “With a useful life of 30 to 50 years, producing Net Zero Carbon Ready warehouses at no extra cost to occupiers is a big step forward. “Incorporating additional design flexibility to enable them to transition to Net Zero Carbon operations more cost effectively should mean our developments stand the test of time.” Colin Morrison, head of sustainability at Turley, said: ‘We are proud to have supported the delivery of PLP’s commitment to climate leadership at Smithywood. “As long standing members of the UKGBC involved in the development of their Net Zero Carbon Buildings Framework, this project showcases our complementary capabilities in building performance, embodied carbon and the commercial delivery of net zero buildings.” Tom Popple, senior manager, Climate Change and Sustainability at Natural Capital Partners, said: “The built environment is looking for pioneering climate leaders that can move beyond compliance and take the urgent climate action now to reduce carbon emissions to net zero and achieve carbon neutrality. “This best in class approach is a testament to the vision and ambition of all involved.”
Specialist logistics developer and investor PLP (Peel Logistics Property), has bought a 17 acre development site at Smithy Wood Business Park in Sheffield from St Pauls Developments and the Norfolk Estate where it will speculatively build a 343,000 sq ft warehouse. The site was sold subject to planning and having received it, the new owner intends to get started on a speculative build as soon as possible. The facility will be one of the largest warehouses in the Yorkshire region. Construction will commence this year with completion in Autumn 2020. Smithy Wood Business Park, adjacent to Junction 35 of the M1 motorway in Sheffield is a well established commercial location and home to occupiers such as DPD, Cutting and Wear and Arthrex. Matthew Fitton, development director at PLP, said: “Given the proximity of the site to the M1 motorway and Sheffield, PLP Smithy Wood will offer great accessibility and market connectivity. PLP has the confidence here to speculatively build one of the largest warehouses in the region.” “In line with PLP’s long term sustainability policies, we’re installing roof mounted solar panels, multiple electric charging points for vehicles and the infrastructure to augment these post construction. We are also making a significant investment in the local ecology of the site, improving the biodiversity of the surrounding area.’’ David Newton, MD of St Pauls Developments, said: “We always believed in Smithy Wood’s location, being so close to J35 M1, and this encouraged us to invest in the site to create a fully serviced, strategic land holding. PLP’s decision to purchase and develop 17 acres is exactly the type of deal we felt we could attract, and I am sure it will be a successful project for them.” The PLP platform is owned by MIRA Real Estate, Peel Group, Ivanhoé Cambridge and its senior management team. CPP have been appointed as leasing agents for the scheme.
