Croydon urban warehouse gets go ahead
Chancerygate and SGN Place have secured planning for a 93,000 ft2 urban warehousing scheme in Croydon, South London.
By Liza Helps, Property Editor Logistics Matters
THE GRADE A urban logistics development comprising 15 units ranging from 2,000 to 16,000 ft2 will be speculatively built on Croydon’s Factory Lane and could create 150 jobs.
Called The Works, units on the four-acre site will target minimum EPC rating of A and BREEAM Excellent rating. Construction work is expected to commence in December 2023.
Chancerygate development director, Tom Faulkner, said: “Our development will deliver the first multi-unit urban logistics scheme in Croydon for more than 10 years, meeting the latent demand that there is for this type of accommodation in the area.
SGN Place development manager, Kathleen Hutchinson, added: “This is a great opportunity to redevelop unused brownfield land and turn what was a redundant gas holder site into a first-class industrial scheme.”
SHW and Cushman & Wakefield are joint letting agents.
