Wakefield to promote reputation as a major distribution hub

Leeds City Region is presenting investors from across the world at MIPIM 2015 with its Big Six development opportunities, each with more than £80m worth of investment potential. Together they form the centerpiece of the city region’s £2.5bn development pipeline. Read more here.

THREE major opportunities are being promoted on the M62/M1 corridor in Wakefield.

Newmarket Lane, a 200-acre site by junction 30 of the M62, has permission for a mixed-use scheme across seven plots. There is currently development on the site, with NewCold building a 200,000 sq ft cold storage plant.

At junction 31 of the M62, Site XL has space for a 480,000 sq ft unit to go alongside Poundworld, HSBC and Asda, while G@Glasshoughton, at junction 32, has four different sites that can accomodate developments from 5,000 sq ft to 100,000 sq ft.

This area is already one of the major distribution hubs of the North of England, with DHL, Royal Mail, Next and Warbutons among other occupiers.