Capital & Centric plans more space in Speke

MANCHESTER developer Capital & Centric has submitted plans for another industrial building in Speke, Merseyside.

It wants to build 40,000 sq ft of offices and warehousing on the 3.5-acre brownfield site off Speke Boulevard.

The £3.5m project follows the 80,000 sq ft Estuary Banks nearby and the soon-to-be-completed Speke Business Park, which has 60,000 sq ft on the other side of Speke Boulevard.

The land is being acquired from the Homes and Communities Agency (HCA). The architects are Manchester-based SixTwo. A decision on the planning application is expected towards the end of November.

Last year Capital & Centric director Tim Heatley told TheBusinessDesk.com that demand from growing businesses who need modern space justified the developments at Speke.

“They’re not forecasting too far into the future, but they get to the point where they’re busting at the seams and say ‘we need to be somewhere in eight weeks’,” he said. “We’re doing well because we’ve got brand new energy efficient space ready for people to move in to.”

Mr Heatley said suppliers to Merseyside motor manufacturers, General Motors and Jaguar Land Rover, are benefiting from the decision to source more products closer to their factories.

“They want to get control back, and high fuel prices and energy efficiency targets are shaping these decisions,” he said. “We’re finding that these forces are taking effect.”

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