Joint venture partners Chancerygate and Hines have secured planning consent for a 133,500 sq ft Grade A urban logistics development in Redditch.
Aurora Park will comprise nine leasehold units ranging from 7,685 sq ft to 22,055 sq ft and has a gross development value of around £35m.
The development will be delivered on a 6.4-acre site at North Moons Moat industrial estate, three miles from Redditch town centre and three miles from Junction 3 of the M42. Work is scheduled to start on site in summer 2026 and is expected to be completed in the third quarter of 2027.
The JV partners are targeting EPC A and BREEAM Excellent ratings for the units, which will feature air source heat pumps, EV charging points and PV roof panels.
Rob Watts, development manager at Chancerygate, said: “We can now move forward with Aurora Park in a market where demand for sustainable Grade A urban logistics space is particularly strong. There is a clear requirement across Worcestershire and the wider West Midlands for strategically-located accommodation that meets the needs of a broad range of occupiers. Aurora Park will provide high-specification units in an established commercial location with excellent connectivity.”
Ross Blair, senior managing director at Hines, added: “Our partnership with Chancerygate is approaching its eighth year and during this time we have developed numerous urban servicing facilities in key regional locations across the UK, delivering over one million sq ft of workspace across eight schemes and we are actively looking to grow our pipeline this year.”
The joint agents for Aurora Park are M1 Agency and John Truslove & Co.
