MODWEN has appointed Caddick Construction to commence works at the next phase of Stonebridge Business Park, an industrial and logistics unit called Stonebridge 52 in Liverpool.
Planning has been achieved and works will start in the coming weeks on-site at Stonebridge 52. The development will provide more than 50,000 sq ft of speculatively-built industrial warehouse space in a prime location.
The site, part of the Stonebridge Business Park East in Liverpool has direct access to East Lancashire Road (A580) and is only one mile from Junction 4 of M57.
The construction programme is set with the space ready for occupation by the end of 2019. The unit comprises 52,000 sq ft over 2.77 acres with 52 dedicated car parking spaces.
Andrew Day, Asset Manager for St. Modwen, said: “We are really pleased to be pushing forward with Stonebridge 52, an important addition to the Stonebridge Business Park. We have appointed Caddick Construction to commence construction and look forward to seeing the final development come to fruition.”
Ian Threadgold, Regional Managing Director of Caddick Construction (NW), said: “We have a long standing relationship with St. Modwen having recently completed Stonebridge Business Park and a retail park at Great Homer Street in Liverpool, so the team is delighted to be working on a further design and build scheme at Stonebridge 52.
“We will complete the 50,000 sq ft industrial unit before the end of the year, helping to further boost the local economy at this popular, prime North West location.”
Mayor of Liverpool, Joe Anderson said: “I’m delighted that the plans at Stonebridge 52 are now being implemented. This is a critical strategic site for the city’s logistics economy and will deliver much needed jobs.
“It also complements the changes the city council has brokered on nearby sites such as the relocation of the city’s fruit, veg and flower market.
“This important development zone is vital to the local economy and the rebirth of the wider Croxteth area.”
Stonebridge 52 follows on from the success of Stonebridge Business Park, where St. Modwen developed four units delivering a total of 65,482 sq ft of industrial accommodation.
Following the sale of a 17,498 sq ft unit to UK Storage Co. last November, there is only one unit remaining – a prominent and self-contained 32,425 sq ft unit that fronts onto the A580.
Knight Frank and GVA are joint marketing agents on the entire Stonebridge scheme.
Pinsent Masons, Indigo Planning, Pozzoni, Hydrock, RPS, CPW and Atkins are all advisors to St. Modwen.