Logicor has unveiled plans for the redevelopment of a 38.5-acre site at Daventry in the heart of the ‘golden triangle’.
The developer acquired the site in 2021 and has secured detailed planning consent for three new warehouses totalling 800,000 sq ft. The warehouses will range from 135,000 sq ft to 385,000 sq ft and the development, which will be known as Logicor Park Daventry, will also offer two on-site gyms, shower facilities and cycle paths.
Logicor is targeting BREEAM Excellent and EPC A ratings for the units, which will offer a range of environmental features such as photovoltaic panels, electric vehicle charging points, LED lights and rainwater harvesting.
Charlie Howard, UK managing director at Logicor, said: “The ability to develop modern warehouses in this key location was the main reason that we acquired it in 2021. The ‘golden triangle’ continues to be the core location for distribution logistics and we know that our customers want to be located here, so we are delighted to be able to deliver modern and highly sustainable warehouses to the region.
“Logicor Park Daventry is a great illustration of how we, as one of the largest industrial portfolio owners in the UK, are able to utilise our existing land to bring forward new and exciting warehouse opportunities for our customers through development and refurbishments.”
The redevelopment is set to begin later this year and it will be completed by Q1 2025. Benniman Construction Group has been appointed as the general contractor.
