Practical completion for Atlantic Park’s 350,000 sq ft first phase
Winvic Construction has reached the milestone for the £36m Bootle scheme on behalf of Royal London Asset Management Property, and prospective tenants will now be offered floorplates ranging from 43,000 sq ft to 134,000 sq ft.
Royal London hopes the four units, which will provide a total of 349,000 sq ft, will satisfy demand for flexible and sustainable logistics and manufacturing space.
Each shed was designed by The Harris Partnership, and once the second phase is completed, Atlantic Park will boast 800,000 sq ft of lettable industrial floorspace.
A ceiling height of 12.5 metres, large service yards, and two-storey office spaces aim to bolster the offer.
Sefton Council approved Royal London’s plans for Atlantic Park in 2023. The firm claimed the site was a “significant strategic investment” due to its location and access to global markets.
Tenants signing on to Atlantic Park will benefit from proximity to both the Port of Liverpool Freeport and quick access to the M57 and M58 motorways.
B8 Real Estate and Savills are the joint agents for the first phase of the industrial scheme.
Atlantic Park’s second phase already has planning approval and is ready for both pre-let and design and build opportunities. Royal London has yet to confirm any tenants signed on to the scheme.
Oliver Clark, design director at The Harris Partnership, said: “Our involvement in Atlantic Park reflects our continued commitment to creating high-quality industrial environments that meet the evolving needs of occupiers, investors, and communities.
“This is a pivotal scheme for the area, and we’re proud to help shape its next chapter.”
David Morris, senior development manager at Royal London, added: “Atlantic Park is a future-ready logistics hub, which is strategically located, sustainably built, and designed to deliver long-term value.
“This development is a crucial part of our strategy to deliver high-quality, sustainable assets that support long-term value for our investors.
“With Phase one now complete, we are excited to see it attract leading occupiers in the industrial and logistics sectors.”
The redevelopment of the 52-acre Atlantic Park has been decades-long, with Royal London first acquiring the site in 2003, before a struggle with the crunch of 2008 put a 2006 approval for 700,000 sq ft of industrial space on the backburner.
Atlantic Park was once home to a 200,000 sq ft Rolls-Royce factory, known as “Big Foot”, now demolished to make way for Royal London’s wider plans, which feature a more sustainable edge, with each building at the site offering a BREEAM ‘Very Good’ and EPC A standard.