A number of new deals have been announced for the Stonebridge East business park as ground is broken of the third phase of construction with a 52,000 sq ft unit.
Incoming tenants to the site, managed by developers St Modwen, include NBM Contracting, Liverpool Lancashire Properties, Canning Generator Solutions and Kahuna Huts, which have all committed to five-year leases for a combined 10,000 sq ft of space.
The new unit will be called Stonebridge 52.
Andy Day, asset manager at St. Modwen, said: “Stonebridge remains an important commercial asset to the region, and our commitment to speculatively build Stonebridge 52 will mean the delivery of further high-quality industrial and logistics space, as well as the creation of more new jobs and opportunity for the local community.”
Sitting on either side of the East Lancashire Road that connects Liverpool to Greater Manchester, Stonebridge Cross is the city’s longest-established manufacturing zone and is classed as a Mayoral Development Zone.
It is also close to junctions 4 and 5 of the M57 motorway, providing rapid connections to the national motorway network, the Port of Liverpool and Liverpool John Lennon Airport.
Mayor of Liverpool Joe Anderson added: “Stonebridge Business Park is a critical strategic site for Liverpool’s logistics economy, delivering much-needed jobs and business space. It’s great to see more progress is being made in attracting companies to complete this hugely important business park.”
Caddick Construction was appointed on the scheme in February 2019, with the site set to be ready for occupation by the end of the year.
Knight Frank and Avison Young are joint marketing agents on the entire Stonebridge scheme. Pinsent Masons, Indigo Planning, Pozzoni, Hydrock, RPS, CPW and Atkins are all advisers to St. Modwen.