GMI Construction Group has been awarded the contract to deliver three warehouse units totalling more than 175,000 sq ft at Precedent Drive, Milton Keynes.
Commissioned by developer DV5 Last Mile Developments (UK) – a joint venture between Coltham and clients of Delancey Real Estate – the £20 million redevelopment will deliver a state-of-the-art industrial and logistics hub, expected to create 300 jobs.
The Precedent Drive project, designed to boost operational efficiency, reduce energy consumption and emissions, involves the demolition of existing vacant office buildings to make way for three warehouse units with the three units individually totalling 52,487 sq ft, 51,062 sq ft and 72,945 sq ft, respectively.
Unit 1 has been pre-let to a green-tech manufacturer, while the remaining two units will be built speculatively.
GMI is targeting practical completion by October 2025.
Adam Taylor, GMI’s regional director, Midlands, said: “We are delighted to partner with DV5 Last Mile Developments for the first time. Securing this contract highlights GMI’s ability to deliver cutting-edge industrial and logistics projects that combine innovation with sustainability.
“Expanding into the South East represents a significant step forward in our growth strategy and underscores our reputation for delivering exceptional results.”
Mark Snow, senior development director for Coltham, said: “We are excited to work with GMI and start 2025 by delivering Greenlight Milton Keynes, part of a portfolio with our JV partner Delancey. This scheme will create fantastic space for occupiers to thrive, in particular best in class sustainability credentials and innovations.”
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