Logicor, a leading owner, manager and developer of European logistics real estate, has announced that the redevelopment of its flagship UK scheme, Logicor Park Daventry, has reached a construction milestone with groundwork complete and steel frames erected.
Acquired in 2021, Logicor Park Daventry is being redeveloped to create three highly sustainable warehouses in the UK’s ‘Golden Triangle’.
To date, construction steams ahead with 3,500 tonnes of steelwork from the original unit already demolished and recycled, and 45,000m3 of stone already processed for re-use, reducing the site’s environmental impact. Once complete, The 800,000 sq ft site will offer units of varying sizes; c.135,000 sq ft, c.280,000 sq ft and c.385,000 sq ft, with access to two onsite gyms and new amenity spaces.
The site will also include 2.2 acres of woodland with 4,500 new trees, and native species of plants, which will enhance the local biodiversity. Coupled with this, the introduction of solar panels electric vehicle charging points, LED lighting, Air Source Heat Pumps and rainwater harvesting, means the site will target BREEAM Excellent and EPC A.
Charlie Howard, Logicor UK Managing Director, said: “Logicor Park Daventry marks an exciting chapter for our development journey in the UK. With sustainability at the core of this flagship development, we are delighted to offer our existing and potential customers this modern, sustainable warehouse space. The Golden Triangle is within a 4.5-hour drive from almost 90% of the UK population, meaning the new site at Daventry will further enable us to support the flow of trade vital to everyday life. We look forward to welcoming customers next year, helping them to reach more people, more efficiently, while delivering greater sustainable value.”
The site is set to be completed by Q4 2024.