Greenlight Urban wins planning consent and first pre-let at MK industrial site
Work has started on site after GMI was appointed as contractor. The scheme which consists of three units ranging from 51,062 sq ft to 124,007 sq ft, is a 15-minute walk from Milton Keynes Central station and the city centre, allowing occupiers to benefit from excellent amenities and connectivity.
A manufacturer specialising in green technology has agreed to take 52,385 sq ft of space. The unidentified but international business is set to occupy its new unit in Q3.
Greenlight Urban is a portfolio of industrial estates and collaborator Delancey is the majority investment partner in a joint venture with Greenlight.
Designed to optimise operational efficiency and reduce occupiers’ energy costs, the units will be targeting the highest BREEAM rating of Outstanding and an EPC rating of A+, offering up to £48,000 of energy cost saving per annum.
The warehouses will also include EV charging points, PV solar panels, 10 per cent roof lights, up to 700 kVa of power, and up to 15m to the underside of eaves.
The scheme will also prioritise employee wellbeing. Occupiers will have access to breakout areas from their modern office space with a balcony, cycling facilities and a wellness garden.
Mark Enderby, Director of Development at Delancey, said: “As we begin construction of Greenlight Milton Keynes, we are delighted to have already secured our first pre-let.
“This letting demonstrates strong demand for best-in-class warehouse space from international occupiers, and with good interest in the remaining two units, we hope to announce more occupiers soon.”
Dan Dawe, Director of Investment at Delancey, added: “We have recently secured a series of lettings to blue chip businesses across our portfolio who have been attracted by the leading specification, ESG credentials and strategic location of the schemes.
“Our customers are increasingly demanding high quality, well specified sustainable space, but have limited options in our chosen markets. We are looking to commence development works on all our current projects over the next six months.”