Appointment to deliver speculative industrial development
Yorkshire-based Caddick Construction has been appointed to deliver the latest industrial building at Cross Green Industrial Estate in Leeds on behalf of Towngate.
This speculative development comprises a 16,500 sq ft detached double portal framed building along with infrastructure works and services. The Caddick team started work at the Pontefract Lane site this week and will complete by the end of June 2020.
Cross Green Industrial Estate is located close to the M1/M621 motorway network and is home to many manufacturing, distribution and warehousing operations, including John Lewis and Amazon. Approximately 3,000 people work at the site
Towngate has a portfolio of more than 230,000 sq ft of space at the site, which is known as Towngate Link.
Caddick Construction delivered the first two units as part of the Towngate Link project, with both being snapped up as pre-lets. Wine merchant, London City Bond, expanded into the 55,000 sq ft detached warehouse and Beerhawk took the second 62,500 sq ft warehouse.
Caddick is currently on site delivering a third unit which completes in March 2020 and is also pre-let. When this and the latest unit both complete, together they can accommodate a workforce of around 150 people.
Robert Smith from Towngate said: “Caddick delivered the first phases of the site successfully and we are confident the same high-quality product will be delivered with this latest phase.
“The units at Towngate Link all let before completion and we’ve already had a lot of market interest in this latest phase.”
Chris Allott, senior contracts manager from Caddick Construction, said: “We are delighted to be working with Towngate again on this fourth phase.
“The units provide an ideal size to meet the need for small to medium sized businesses, for which there is a great deal of demand. We look forward to delivering another successful commercial building to further expand this popular development.”