Prologis has commenced the speculative construction of 93,935 sq ft of sustainable last-mile logistics space at its Beddington Lane scheme in Croydon.
The company said its investment in last-mile logistics infrastructure in the capital had now reached £2.1bn. The new space at Beddington Lane is expected to complete next year.
Paul Weston, regional head of Prologis UK, said: “With continued growth in online shopping, there is a huge demand for logistics infrastructure – for every 1,000 new homes there are 1,000 letterboxes for deliveries to reach. Last-mile logistic centres – such as our Croydon scheme – provide the critical infrastructure London needs to grow economically as well as to achieve its net zero and housing targets.
“As a member of the London business community, we are dedicated to providing innovative solutions and will continue to push the needle – be it renewable energy, electric vehicle prioritisation or multi-level logistics – in order to support the city’s economy and environment.”
