Wednesday, May 29, 2024

Construction begins on 760,000 sq ft unit at Magna Park North Lutterworth

GLP has commenced construction of MPN 761, a speculative unit measuring 761,361 sq ft in Magna Park North Lutterworth.

MPN 761 will target a BREEAM Outstanding accreditation while the overall scheme will be a net-zero development with each unit independently certified by Planet Mark. It will benefit from best-in-class specifications and ESG features including wide service yards, significant HGV and car parking allocations, dock levelers, level access doors, increased natural light, electric vehicle charging and abundant power supply.

The building will be designed to WELL principles with the occupiers in mind, with GLP aiming to provide a more productive and pleasant working environment for employees.

GLP will also be supporting customers to reduce energy and operational costs, by providing a complimentary Planet Mark program to help monitor, track and reduce their respective carbon footprint.

Construction is expected to be completed in June 2025.

Bruce Topley, Managing Director at GLP, said: “We are pleased to have commenced development of MPN 761 in Magna Park North. This is a testament to our confidence in the resilience of the UK logistics market and the strategic importance of the Midlands in particular.

“As companies look to benefit from a prime location, we look forward to welcoming customers to our existing units and positioning Magna Park North Lutterworth for long-term success.”

Joe Garwood, Senior Development Director at GLP, said: “The development of MPN 761 will be an excellent addition to our existing units in Magna Park North Lutterworth.

“At GLP, we embed customer-centricity at the outset of any development alongside aligning environmental and social concerns. This site is a great example of that and at the cutting edge of the warehouse market in the UK.”

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