Greenlight Urban has secured planning consent for the delivery of 176,392 sq ft of urban logistics space in Milton Keynes.
The scheme, which comprises three units ranging from 51,062 sq ft to 124,007 sq ft, is located a 15-minute walk away from Milton Keynes Central station and the city centre.
Greenlight has already pre-let a 52,385 sq ft unit at the scheme to a manufacturer specialising in green technology.
The units, which are being delivered by GMI, will feature EV charging points and PV solar panels and are expected to achieve BREEAM Outstanding and EPC A+ ratings.
Mark Enderby, director of development at Delancey, which launched the Greenlight Urban platform with joint venture partner Coltham in 2023, said: “As we begin construction of Greenlight Milton Keynes, we are delighted to have already secured our first pre-let. This letting demonstrates strong demand for best-in-class warehouse space from international occupiers, and with good interest in the remaining two units, we hope to announce more occupiers soon.”
Mark Snow, senior development director at Coltham, added: “We are passionate about developing this scheme to create fantastic space for occupiers to thrive. Being a short walk from the units into the centre of Milton Keynes is an attractive benefit of the location.”
Dan Dawe, director of investment at Delancey, said: “We have recently secured a series of lettings to blue chip businesses across our portfolio who have been attracted by the leading specification, ESG credentials and strategic location of the schemes. Our customers are increasingly demanding high quality, well specified sustainable space, but have limited options in our chosen markets. We are looking to commence development works on all our current projects over the next six months”
Colliers, Logix Property and Louch Shacklock are joint agents at Greenlight Milton Keynes.
