British Land has received a resolution to grant planning permission for a circa 140,000 sq ft multi-level last-mile logistics scheme on Mandela Way in Southwark.
The former Southwark Council car pound site, which sits close to the junction of New Kent Road, Old Kent Road and Tower Bridge Road, will be redeveloped to offer four floors of logistics space. British Land is targeting a BREEAM Excellent rating for the scheme.
Mike Best, head of logistics at British Land, said: “Mandela Way is the latest scheme in our London urban logistics pipeline to receive planning consent following approvals at both Paddington Central and Enfield earlier this year, enabling us to bring forward another high quality logistics project and continue to address the acute undersupply of sustainable, modern warehousing in Greater London.
“We continue to explore new opportunities to leverage our longstanding investment and development expertise to source and execute acquisitions which unlock opportunities to densify London’s logistics supply.”
