Spec development for East Yorkshire

Speculative development is due to start on a warehouse site at Melton West business park in East Yorkshire next month.

By Liza Helps Property Editor Logistics Matters

THE SCHEME known as Evolve@Melton West is being brought forward by property developer Wykeland and will comprise two midbox units of 37,000 ft2 and 22,000 ft2 and a terrace of five smaller units of 5,000 ft2.

The £10 million development forms part of a wider Melton West site with units available to let from early 2025.

Construction is expected to begin in May, with the new units due to be ready for occupation late in the first quarter of 2025. 

Wykeland development director Jonathan Stubbs said: "The market is telling us there is a shortage of high-quality facilities of this kind and a pent-up demand for them.

"We are approached regularly by businesses looking for a new space to move into, to support their growth. Those companies are looking for facilities that are ready made, modern, energy efficient and fully fit for purpose.

"The shortage of such facilities is stifling investment and growth within the region and that's an issue that Evolve @ Melton West will help to address."

The buildings will be EPC A-rated, with rooftop solar panels, green living walls and electric vehicle charging infrastructure.

The project will create almost 100 jobs during the construction phase, with employment for around 150 full-time equivalent positions once the facilities are occupied.

Almost 2.5 million sq ft is already under construction at Melton West, including global medical technology business Smith+Nephew relocating from its existing site in Hull to a new £100m research and development and manufacturing facility, and a new Amazon distribution facility.

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Logistics Matters