500 jobs promised at logistics site

 PROPERTY developers have teamed up for a Barnsley logistics development which has promised to create 500 jobs.

Developers Strerling Capitol and Marhsalls CDP are collaborating on the industrial site at Capitol Park Barnsley by Junction 37 of the M1.

The joint venture is planning to transform the 12.5 acre site into a quality business and logistics location, creating up to 500 jobs.

The partners are working on a masterplan for the £13.6m development which already has outline planning permission.  

Mike Heydecke, director of Sterling Capitol, the developers of the 36-acre Capitol Park, said: “We are delighted that a company of the calibre and pedigree of Marshalls CDP has decided to form a joint venture with us.

“Capitol Park Leeds has revitalised its community and have created more than 1,600 jobs. I am delighted that Capitol Park Barnsley is proving equally successful,” said Mr Heydecke. “This new development will add to this success.”

Rebecca Schofield, partner and head of property consultancy Knight Frank’s industrial property team in Yorkshire, who is advising the joint venture, explained: “There is currently a serious shortage of good quality industrial stock in South Yorkshire, which is immediately deliverable.

“This development addresses this problem and provides a solution. Moreover, both JV partners have extensive experience of South Yorkshire, Sterling Capitol as developers and Marshalls CDP as developers and contractors.

“Together they will be a formidable combination.”