A CGI of the G Park London Docklands development
Around 1,000 new jobs are set to be created with the development of the UK’s first ever three storey warehouse in the heart of London.
Gazeley has announced the acquisition of a six-acre plot of land in the heart of London to speculatively develop the UK’s first three-storey logistics facility.
The site, located in Silvertown, was acquired from joint venture partners Galliard Homes and Cain International represented by Simon Higgins at Levy Real Estate.
It will comprise over 426,000 sq ft of space over three levels allowing for either multiple or single customer occupancy.
The building will be used as a ‘last mile’ logistics hub for London and surrounding areas, targeting e-commerce, distribution and logistics customers.
This development is in line with Greater London Authority’s commitment to land being made available for ‘last mile’ distribution close to central London and the Northern Isle of Dogs.
Alex Verbeek, managing director, UK, Gazeley, said: “This type of development has never been done before in the UK.
“A three-storey warehouse in such a central location will be hugely valuable for Londoners who will benefit from customers being able to deliver goods in record time.
“London is at the forefront of the digital revolution, but these services require an equally innovative supply chain to facilitate it.
“We feel that G Park London Docklands will make a big contribution to the infrastructure which is essential to support London’s evolution as a leading centre for digital commerce.”
Gazeley expects the development to be completed by the end of 2019, subject to planning permission.
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