Stoford Icon Industrial Plot 4 12.18

Icon Industrial triggers next Airport City shed

Development vehicle Icon Industrial has submitted a reserved matters planning application for a 102,500 sq ft industrial development at its £100m Manchester Airport site.

The proposal is for a single building comprising 95,000 s ft of industrial/warehouse space, with 7,500 sq ft of integraed office accommodation, supported by 141 car parking spaces. The site is located at the edge of the developer’s holding in the area, between the M56 and the A538 Wilmslow Road, immediately west of the World Freight Terminal.

Icon Industrial is a joint venture between Stoford Developments and TPG Real Estate. This represents the third development to be announced by the JV in the area, with Icon Industrial also set to deliver The Hut Group’s logistics and global content creation studio – a reserved matters application for a 455,000 sq ft warehouse, 120,000 sq ft office building and six-storey car park was lodged in October.

Dan Gallagher, joint managing director of Stoford Developments, said: “Due to the level of recent occupational demand, we have submitted a planning application for unit 4 of Icon Manchester Airport.

“This project is the third exciting development on the scheme and offers the opportunity to continue the fulfillment of the Airport City masterplan, expanding and enhancing the logistical facilities on site.

“The remaining land presents potential occupiers with an excellent opportunity to have a unit built to their specific requirements in a key strategic location with unrivalled airport connectivity, so we are expecting considerable interest from potential occupiers.”

Launched in 2017, Icon Manchester Airport is a 45-acre build to suit logistics/warehouse development, with outline planning consent for around 1m sq ft. The remaining fully serviced site can deliver units from 135,000 sq ft to 434,000 sq ft on a design and build basis. Stoford and TPG bought the 45-acre site within Airport City last summer.

Logistics occupiers at Airport City include Amazon and DHL, with on site amenities including a BP filling station, Costa and M&S Simply Food due to open before Christmas.

The retained agents for Icon Industrial are CBRE, JLL and DTRE.

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