Plans lodged for Markham Vale midbox scheme
Developer HBD, part of Henry Boot, has submitted a planning application for the second phase of ARK, a £27 million GDV small to midbox scheme at its flagship M1 industrial and logistics development, Markham Vale which will be delivered by Origin its joint venture with Feldberg Capital.
By Liza Helps, Property Editor, Logistics Matters
WORK BEGAN earlier this year on the first phase of the new development, which consists of four units from 17,000 ft2 to 36,000 ft2 and now plans have been proposed for a single unit of 53,000 ft2 as the second phase of the scheme
Henry Boot Construction is the contractor for phase one, with the first four units due to complete late 2025.Work on the second phase unit will start on site in Q4 this year with h facility targeting BREEAM Excellent and an EPC A rating.
Feldberg Capital Managing Director Jamie Acheson, said: “This 53,000 ft2 unit will complete our vision for a best-in-class industrial development at Markham Vale, addressing the clear market demand we’re seeing in this prime logistics location. As Origin continues to expand its portfolio of ESG-compliant assets across the UK, ARK exemplifies our commitment to developing sustainable, future-proof industrial spaces that meet the evolving needs of modern businesses.”
Origin was launched to own and develop next-generation, ESG-compliant industrial and logistics assets in the UK’s mid-box market and aims to deliver £1 billion of high-quality I&L schemes over the next seven years. ARK is one of three Origin developments to start on site in 2025, with work progressing apace at SPARK, a £100m scheme in Walsall, and INTER, a £28m project in Welwyn Garden City.
The agents for ARK are JLL and CPP.
