Tritax Symmetry is speculatively developing a new 500,000 sq ft cross dock logistics facility at Symmetry Park, Kettering.
Kettering 500 will be built to net zero carbon in construction and Tritax is targeting a minimum BREEAM Excellent and EPC A rating for the building. Main contractor Buckingham Group will commence on site this month with practical completion scheduled for April 2024.
Jonathan Wallis, development director and head of Tritax Symmetry’s Northampton office, said: “Our decision to speculatively develop Kettering 500 is a direct response to extensive research into the occupational market which highlighted a supply vs demand imbalance in the 500,000 sq ft size bracket. Kettering 500 will showcase a best-in-class institutional specification, together with Tritax Symmetry’s own high design and sustainability standards.
“Symmetry Park, Kettering represents a new era of logistics development, with wellbeing, sustainability and power security playing a fundamental role in the design. It is this customer and employee-based approach that has helped us attract multi-national organisations whose ESG values very much mirror our own and give us the confidence to commit to further speculative development.”
James Harrison, international partner at Cushman & Wakefield, joint letting agents for Symmetry Park with BNP Paribas Real Estate, added: “This bold decision from Tritax Symmetry demonstrates its confidence in the UK logistics market and the strength of the A14 corridor as a logistics warehouse location. This facility is being built to meet the demand of businesses looking to occupy a building with the very best ESG credentials in an established logistics hot spot.”
The project team includes Stephen George + Partners (architect), Trinity Property Consultants (project manager), Buckingham Group Contracting (construction), Feasibility (quantity surveyor), Framptons Town Planning (planning consultants), WSP (Highways and Structural Engineers), EDP (landscape and ecology) and Hannan Associates (Mechanical Engineers).
