St Modwen has started on site with the next phase of Stonebridge Business Park in Liverpool, 63,600 sq ft of speculative warehouse space in four units.
The build is being carried out by Caddick Construction and is expected to complete by February 2017.
To date, around 231,000 sq ft has been delivered at Stonebridge Park. This latest phase follows the construction of a new 69,200 sq ft parcel distribution facility for express delivery service DPD (UK), which opened earlier this year and a 15,700 sq ft speculative phase of starter units which will complete in August 2016.
David Nuttall, development manager at St Modwen North West, said: “Our continued commitment to Stonebridge Business Park reflects our confidence in this location and our belief that there is demand in the local and regional economy for high quality accommodation.
“These latest units will complement the offer we have at Stonebridge which will have a total of 295,000 sq ft of accommodation over 50 units when they are complete.”
All units are available to let or purchase. Bilfinger GVA and Knight Frank are the agents for the scheme.