Construction underway for 850,000 sq ft logistics scheme
Construction has began for the 850,000 sq ft expansion of Apollo, Ansty Park in Coventry.
The second phase will introduce four units, ranging from 116,000 to 300,000 sq ft, in the Golden Triangle, near the M6 and M69 motorways. Features include roof-pounted PV arrays and EV charging points.
It comes after the completion of the first phase which comprised 240,000 sq ft over two units. Both phases were acquired by JINGDONG Property (JDP) July 2023.
New tenants will join existing occupiers at Ansty Park which include Rolls-Royce, Sainsbury’s, Cadent Gas and aerospace giant, Meggitt.
John Vincent, head of asset management at UK at Cromwell Property Group, which acts as the asset manager for Apolla said: “Ansty Park is the premier logistics destination in Coventry, with unrivalled access to the UK’s motorway network and excellent ESG credentials. We are keen to build on the successful letting of the first phase of development at Apollo, Ansty Park, by delivering high-quality warehouse/logistics accommodation in a location with a highly skilled workforce that meets the needs of a range of occupiers.”
Colin Lawrence-Waterhouse, a partner at Cushman & Wakefield, said: “We’re delighted to be working with JDP and Cromwell Property Group on what is one of the best-located logistics and industrial schemes in the Midlands. Ansty Park lies adjacent to the M6 and M69 motorways at the heart of the Golden Triangle, and with Coventry’s strong track record with both manufacturing and distribution demand, we have no doubt that the second phase will be just as popular as the first.”
The new units are anticipated to be available for occupation between January and March 2024.