Approval for prime 2m sq ft scheme
A hybrid planning consent has been granted for the development of c.2 million sq ft of new industrial, warehouse and logistics stock in the South West.
VANCOUVER-BASED real estate development and investment firm, Epta Development Corporation (EDC) purchased the site in December 2020 and has appointed Stoford as development partner to deliver the scheme.
It has been given approval for the multimodal scheme on a 101-acre site at Central Park in Avonmouth, Bristol.
The scheme will be known as Axis Works, and has the capacity to deliver units on a built-to-suit basis. The indicative masterplan includes a c.1m sq ft building and three other units ranging in size from 273,000 sq ft to 348,000 sq ft, all with integral CAT A office space and up to 23 MVA site power capacity.
The highly sustainable scheme will be characterised by industry-leading ESG credentials, with Stoford targeting BREEAM Excellent, an EPC ‘A’ rating and net carbon zero in construction.
Features will include PV-ready roofs, air source heat recovery heat pumps, highly efficient thermal envelope design, provision for ‘green roof’ bicycle shelters and EV ready charging, and the use of recyclable materials where possible. Occupiers will also benefit from on-site nature trails, outdoor gyms and breakout facilities.
The site has already been cleared of the former AstraZeneca works and Stoford is now lining up to start site raising and infrastructure works in earnest. It anticipates being able to commence construction of build-to-suit facilities in Q1 2024.
For more information visit www.stoford.com
