PLANNING SUBMITTED FOR 100,000 SQ FT THIRD PHASE AT PARKSIDE BUSINESS PARK
St. Modwen, the expert developer and regeneration specialist, has submitted a planning application for the third and final phase at its flagship Parkside Business Park development in Doncaster. The application is for more than 100,000 sq ft of industrial space across three buildings, and once constructed will complete the 250,000 sq ft development which was granted outline consent in March 2016.
In additional, construction is well underway on the second phase of 60,000 sq ft , with completion of the main steel framework and cladding.
The second phase of the speculative development, located off Wheatley Hall Road, of 60,000 sq ft of industrial space across two buildings is due for completion in mid-August this year. The units have also been designed to be further split to offer flexible warehouse space from 10,709 sq ft to 31,462 sq ft.
Work on the second phase of the development followed the letting of phase one units to German businesses DB Schenker and Bosch Automotive. DB Schenker, a global freight and infrastructure service provider, is now fully operational from their unit, with Bosch Automotive, a supplier of automotive technology and servicing, opening its flagship Northern facility in July.
Rob Richardson, Senior Development Manager at St. Modwen, said: “It is great to see our two new buildings reach an important construction milestone and we can now look forward to completion at the end of August. Our decision to submit planning on our third and final phase was driven by our strategy of increasing our industrial development programme but backed by the very encouraging levels of interest we have in our two new buildings”.
Sophie Angus of joint agents CBRE commented “These latest two buildings at Parkside will be the only newly developed buildings of this size in the South Yorkshire market this year and with an acute shortage of new and second-hand buildings the interest we are receiving is high”.
Ed Norris of CPP added “We have worked closely with St. Modwen and their design team to ensure these two new buildings and the recently submitted third phase, will fill the evident gap in the market for 20,000-50,000 sq ft industrial space, and that they are also designed to provide the versatility for both manufacturing and urban logistics type users”.
Bill Mordue, Doncaster Council Cabinet Member for Business, Skills and Economic Development, commented: “It is great to see construction underway at Parkside Phase two and planning submitted for Phase three, and for St. Modwen to show confidence in being able to do business in Doncaster proving our economy is very much on the up.”
Chris Dungworth, Investment Manager for Business Doncaster also added: “We have worked closely with St. Modwen on this scheme and look forward to promoting these excellent quality units when complete. We are confident that as with Phase one they will be filled very quickly by tenants who see Doncaster as the location of choice for growth of their business.”