Peel Ports Group is investing £28 million ($34.7 million) on a new facility at the Port of Liverpool in its biggest single investment in warehousing this year.
The UK’s second largest port group’s facility is expected to be completed by April 2024, with the work being carried out by leading construction company Glencar.
Construction of the 240,000 square foot warehouse at the leading port operator’s Alexandra Dock is to begin in the coming days.
The new facility, referred to as Alexandra Dock Multi-User Warehouse (MUW), will be the length of up to five football pitches (400 metres) and used for the handling and storage of cargo at the port.
It will be able to store a variety of commodities, both unitised and non-unitised requiring indoor storage.
The facility will also have 300 metres of dedicated quayside and state-of-the-art cranes to optimise vessel discharge as part of the new development.
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David Huck, Chief Operating Officer at Peel Ports Group, said: “We’re very pleased to be announcing the construction for this major purpose-built space at the Port of Liverpool.”
Huck added that Peels Ports Group had seen a significant increase in demand for warehousing. “This huge new facility provides an opportunity for new customers looking for capacity to grow their business, as well as allowing existing customers the chance to expand their operational capacity at the port,” he explained.
Additionally, the warehouse is a significant milestone for Peel Ports Group, as it enhances both its warehousing and distribution offerings while enabling more sustainable port-centric solutions.
Huck explained that Peels Ports has long argued the benefits of the Port of Liverpool’s central location, while stating that: “This new facility will also provide real cost, carbon and congestion supply chain benefits to the market.”
The new dynamic storage facility has been maximised for storage volumes, discharge performance and fast HGV turnaround times.
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Peter Goodman, Managing Director of Midlands, North and Ireland, said: “Working with some of the UK’s leading asset managers, developers and occupiers, Glencar has developed a market leading reputation in the delivery of industrial and logistics facilities.”
Goodman continued to by explaining how Glencar understands the commercial imperative to produce sustainable and high-quality structures that create lasting value for asset owners. “We are delighted to be working for leading UK Port Operator Peel Ports to construct this multi-user warehouse development.”
“Ports serve as a critical part of the UK Supply Chain and multi-users facilities of this type contribute towards the continuation of the import and export of vital goods,” he added.
In December of last year, logistics company SCH agreed a multi-year lease with Peel Ports Group as part of a major expansion of a car storage and transporter park at the Port of Liverpool.
