Developer Cole Waterhouse has submitted a detailed planning application for almost 300,000 square-feet logistics development in Greater Manchester, UK.
The 15.7-acre site, adjacent to Salford’s AJ Bell Stadium sits on the doorstep of the Port Salford freight distribution area, which will become the UK’s first tri-modal inland port facility.
The scheme will comprise of two units, each providing 173,179 square-feet and 126,555 square-feet of logistics space and will be delivered by Q3 2023.
The announcement comes after Cole Waterhouse exchanged to purchase the site last month from CosCos, the joint venture company between Salford City Council and Peel Land and Property.
The site, which is bounded by the Manchester Ship Canal to the south, the AJ Bell Stadium to the west and the M60 Manchester Outer Ring Road Barton Bridge to the east, forms part of the wider Salford City Stadium development masterplan and Greater Manchester Western Gateway.
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The Greater Manchester Western Gateway is a strategic growth location and is expected to deliver over £2.5 billion (£3 billion) investment and over 25,000 new jobs over the next 25 years. The construction is projected to provide over 500 jobs with employment for 684 people when the site is operational.
George Smith, Planning Manager at Cole Waterhouse, commented: “This superb site sits in a prime location, very close to the port of Salford and is an important element in Salford’s wider ambitions to deliver the UK’s first tri-modal inland port.
“It has huge potential and demand is high for quality sustainable logistics space, in the right location and we are pleased to have been able to submit planning so quickly after exchanging on the land.”
The project team includes C4 Projects carrying out architectural services, Henry Riley as project manager, Sixteen Real Estate and DTRE as letting agents and Metis Real Estate as capital markets advisor.
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