Work has begun on three speculative logistics buildings totalling 340,000 sq ft in Milton Keynes.
It is the first of three schemes Trammell Crow Company (TCC) is developing in the UK. Principal contractor Glencar expects to complete on the 19.4-acre site in Merton Road in Spring 2023.
TCC’s European investments include further sites in Sheffield and Heywood, along with others in Spain, Germany and the Czech Republic.
Graham Reece, head of European logistics construction at TCC, said: “We’re building these assets with a sharp focus on quality, ensuring they have the flexibility, the energy supply and the ESG credentials to meet investors’ and occupiers’ needs now and the future, staying ahead of whatever demands, regulations and technology introduce.”
Pete Goodman, managing director Midlands and North at Glencar, said: “It’s great to see the fantastic progress that has already been made with the site being levelled and ground being stabilised ahead of vertical construction later in the summer.
“We have worked very closely with TCC and the planning and design teams to design a scheme that we will build to an extremely high specification and which is future-proofed to meet investor and occupier requirements going forward together with being ahead of cutting edge ESG credentials and energy demands.”
CBRE acted as planning consultant on the project and Chetwoods as architect.
Images: Top from the groundbreaking. Below, a CGI of one of the buildings.
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