A new super-shed covering more than a quarter of a million square feet is to be built in West Yorkshire for a German pharmaceutical company.
The unnamed operator will take the 260,000 sq ft unit at Wakefield Hub once it is delivered by Newmarket Lane Ltd, a joint venture between property developers HBD and Yorkcourt.
The scheme is one of the largest regeneration projects of its kind in the North of England, covering a 200-acre former mining site.
It is described as creating hundreds of new jobs.
Scott Mackie, director of Newmarket Lane Ltd, said: “We’re very pleased to be able to announce this latest deal at Wakefield Hub and we look forward to bringing the new unit forward. We’ve seen a lot of interest in the scheme already from potential occupiers, which is very positive - conversations are underway with a number of businesses, and we look forward to announcing further deals in the near future.”
Wakefield Hub is located close to Junction 30 of the M62.
Planning applications are currently in the system for a further 2.2 million sq ft, and work has begun on a 65,000 sq ft. unit for Kitwave Wholesale Group.
A planning application for this latest unit will be submitted in the coming months, with the aim of construction starting later this year.
Tom Wheldon, director and head of region at HBD, said: “Wakefield Hub is one of the best locations for industrial and logistics operators in the North of England, providing unrivaled access to the M62, M1 and A1. It’s an important scheme for the local economy in Wakefield, with the potential to create hundreds of jobs and attracting new businesses and investment in.”