Caddick completes at Leeds Valley Park
Funded by Greater Manchester Pension Fund, 300,000 sq ft has been delivered across six units ranging from 25,000 sq ft to 70,000 sq ft.
Leeds Valley Park as a whole fronts both the M1 and M621. Caddick Construction was the contractor, with sister company Caddick Developments remaining on board as development manager following the project’s forward-sale to GMPF.
CBRE has been drafted in alongside Carter Towler and Avison Young to market the Leeds Valley Park South urban logistics scheme on behalf of GMPF.
Alistair Smith, associate director at Caddick Developments, said: “Our vision for Leeds Valley Park has always been to create more than just a logistics hub. We aimed to establish a sustainable and innovative space that not only meets the needs of businesses today, but also anticipates and adapts to the demands of the future.
“Through our partnership working with Caddick Construction and the Greater Manchester Pension Fund, we have successfully made this a reality, while also creating significant employment opportunities throughout the build phase and beyond.”
Caddick is targeting an EPC A rating and BREEAM Very Good status. The scheme features air source heat pumps, LED lighting and EV charging points on site.
Danielle Raunjak, associate director at CBRE Leeds, said: “The Leeds Valley Park scheme is set to become a key strategic logistics site for the city and sector. The development benefits from being close to major motorways linking the north, south, east and west and will also provide major local employment opportunities.
“There continues to be a healthy level of demand for well-connected, mid-box developments and Leeds Valley Park will hugely contribute to the growth and success of the industrial and logistics market of Leeds and West Yorkshire.”
Kevin Etchells, head of real assets for GMPF, said: “Leeds Valley Park is a best-in-class scheme with high ESG credentials which offer an attractive proposition for occupiers looking to prioritise sustainability and future-proof their operations.
“The development delivers much needed warehouse space for the continued growth and success of the West Yorkshire market and economy. We look forward to welcoming tenants over the coming months.”
