Logicor, a leading owner, manager and developer of European real estate has reached a significant milestone in its UK redevelopment programme as planning is secured for a 330,000 sq ft, highly sustainable warehouse in the Northwest.
The site at Little Hulton was the previous base for retailer Littlewoods, and once completed, will be known as ‘Bolton 330’.
Its proximity to the national motorway network (M60, M6, M61 and M62) provides access to 60% of UK businesses, and with 20 million consumers within a two-hour drive, it is an ideal location for distribution and logistics businesses.
Logicor’s UK portfolio spans over 3m sq ft in prime logistics and industrial locations, and alongside a focus on developing the UK pipeline, there is a sharp focus on redeveloping key existing assets to support reaching the business’ ambitious sustainability target of a 36% carbon reduction by 2030.
‘Bolton 330’ will target BREEAM Excellent and EPC ‘A’ rating and will have PV panels. Other sustainability features include LED lighting, EV charging points and rainwater harvesting. The office pod will have a green roof to support local biodiversity and there will be an outdoor gym for site employees to use.
Charlie Howard, Managing Director – UK of Logicor, said:
“Bolton 330 is a great example of how we are delivering our strategy here in the UK; expanding our portfolio of modern, high-quality warehouses in prime locations. With a pipeline of new developments in key locations across the UK including Daventry, Reading, West Molesey and Altrincham, today’s news marks the first commitment of what is set to be an exciting year.
“We’ve continued to see demand for sustainable assets in prime locations grow. Logicor’s Bolton 330 has strong sustainability credentials, which paired with the connectivity of its central location, makes it a unique and compelling offer on the market. We look forward to welcoming our next customer in due course.”
Construction is due to commence in Q3 2024, with planning completion in Q4 2025.
