Construction begins on speculative Knowsley warehouses
Orbit Developments has started construction of a distribution scheme at Academy Business Park in Knowsley, which will be built in two phases and total 220,000 sq ft on completion.
The speculatively-built distribution centre will have an initial first phase of 110,000 sq ft which will consist of a 100,000 sq ft warehouse and 10,000 sq ft of ground and first floor offices.
The project is next to Liverpool Football Club Training Academy, and is being built by Orbit’s sister company Jones Contracts. Both Orbit and Jones form part of the Emerson Group.
Dennis Dwyer, Orbit Developments’ divisional director for Merseyside, said: “We have had a very encouraging year with regard to our industrial and warehousing portfolio with just under half a million sq ft let at our scheme M58 Distribution Centre in Skelmersdale and some significant trade counter lettings at Aintree Racecourse Retail and Business Park.
“This confidence in the market and a lack of quality new build accommodation has provided the impetus to press on with this first phase of development at Academy Business Park, Knowsley to satisfy demand within the North West.”
The joint agents for the scheme are CBRE and B8 Real Estate.
