Network Space has appointed Bansco to construct Broadheath Networkcentre in Altrincham with completion expected in summer.
A pre-let has been agreed to one of the world’s largest logistics companies. Maersk will take a 41,500 sq ft unit at the Atlantic Street site, where some 206,000 sq ft of workspace is being delivered across 25 units at the 11.5 acre former Cartwright headquarters.
Chris Liptrott, Managing Director of Bansco, said: "As a Greater Manchester company, we are delighted to be working with Network Space to regenerate one of the oldest industrialised sites in the area.
"The sustainability credentials of the development, and the quality of the space that is being delivered, is already starting to attract high profile occupiers. The development will create new job opportunities, during construction and after completion, helping to boost the local economy."
Regional sub-contractors will be involved and local training and employment opportunities will be provided during construction. Once complete, the scheme will have an estimated GDV of £45 million.
The regeneration of this brownfield site will see a mix of high-quality refurbished space, alongside new builds, creating a modern, multi-let industrial destination. With remaining units available from 2,100 sq ft to 28,500 sq ft, the development has the capacity to create upwards of 400 new jobs and provide much needed speculative workspace in the region.
Both Network Space and Maersk are committed to a highly sustainable development and will be targeting low or very low greenhouse gas emissions. Across the wider scheme, Network Space will be targeting EPC A ratings and BREEAM Very Good.
Bansco is working closely with Network Space to seek to reuse and recycle steel and concrete structures on site, resulting in a significant reduction in embodied carbon within the development. Individual units are being designed to accommodate photovoltaic panels to support renewable energy provision and electric vehicle charging will be delivered across the entire scheme.
Simon Eaton, Senior Development Manager at Network Space, said: "This is a fantastic pre-let to a multi-national company and represents some 20% of the scheme’s total floor area. Securing Maersk as an anchor tenant in the most prominent unit on site is a fantastic start.
"We are receiving a strong level of enquiries from local businesses and trade occupiers to last mile logistics firms and legal negotiations are ongoing for additional lettings. This best-in-class scheme will deliver high quality employment space, job opportunities, inward investment and economic growth."
Jonathan Williams at Savills and Will Kenyon at B8 have been appointed as letting agents for Broadheath Networkcentre by Network Space. The wider professional team includes Walker Sime, project management and quantity surveying and AEW architects.
The scheme is being supported with a £23.25 million loan from Trafford Council.
Time and date
CONSTRUCTION DIRECTORY
Latest Construction News
25/11/2024
Estilo Interiors has been selected to help Bruntwood SciTech as they invest a further £2.4 million into Birmingham as part of a plan to transform its Mclaren innovation hub. The project, located less than five minutes' walk from the future HS2 Curzon Street Station, will involve the building ...
25/11/2024
Cambridge Investment Partnership (CIP) has reached a significant milestone at Aylesborough Close in Arbury, with the completion of a topping-out ceremony. CIP board members, ward councillors, One Public Estate, Homes England and the CIP team gathered to lay the final brick at the highest point of ...
25/11/2024
Lovell has appointed Nicola Colley as head of land in the West Midlands, boosting the business' expertise in land opportunities. Having previously worked at Lovell for 12 years, Nicola has returned to a brand-new role at the national housebuilder, bringing with her experience from Taylor Wimpey ...
25/11/2024
Stepnell has commenced enabling works for a significant £9 million refurbishment of the Grade II listed Town Hall in Hugh Town, located on St Mary's in the Isles of Scilly. Spearheaded by the Council of the Isles of Scilly in partnership with Scilly Arts & Heritage, the project marks a pivotal ...
25/11/2024
Morgan Sindall Construction has successfully completed the restoration of West Bromwich Town Hall and Library, restoring the significant building to its former glory for the community to enjoy. Prior to the project's handover, Morgan Sindall gave a presentation to the SMBC Members and Town ...
25/11/2024
Persimmon Homes Severn Valley has donated 10,000 bricks to AccXel, the Construction Skills Accelerator Centre in Cinderford. The contribution will enable students at the Gloucestershire-based facility to gain hands-on experience and develop essential skills for the construction industry. The ...
25/11/2024
Nearly a year after work began, significant progress is being made at Huddersfield station as part of the Transpennine Route Upgrade (TRU). This transformative project aims to modernise the key northern transport hub while preserving its rich heritage as a Grade I listed building. One of the ...
25/11/2024
Renovating a property can be a challenging and complex process, especially when integrating new and existing building elements. At R Elliott Associates Ltd, we specialise in helping clients navigate these challenges by providing expert planning, design, and support to pre-empt any potential ...
25/11/2024
Northumbrian Water has announced a significant investment of £3.5 million at its Great Ayton Sewage Treatment Works (STW) to enhance its capacity to manage stormwater. The project involves the installation of a new storm tank capable of holding up to 317 cubic meters of combined rainwater and ...
25/11/2024
Balfour Beatty Flannery, a partnership between Balfour Beatty and Flannery Plant Hire, has trained its 1,000th student at its Operator Skills Hub. With over 250,000 additional workers needed in the construction industry by 2028, Balfour Beatty Flannery's Operator Skills Hub is key in addressing ...