Prologis UK strengthens commitment to West Midlands
17th March 2022
Work on four new speculatively built units is underway at two major West Midlands logistics parks as Prologis, a leading developer of industrial property in the UK, expands its portfolio at Prologis Park Hams Hall and Prologis Park Ryton, near Coventry.
At Prologis Park Hams Hall, three buildings are currently under construction with steelwork and cladding currently being put in place. The three units – DC2 (259,510 sq ft), DC3 (131,780 sq ft), and DC4 (85,685 sq ft) – are set for completion in summer 2022. At Prologis Park Ryton, work is underway on a 330,770 sq ft unit, also due to be completed in summer 2022.
With seven of its 22 logistics parks located in the West Midlands, these new developments further strengthen Prologis’ commitment to delivering logistics property in strategic locations for UK supply chains. Prologis Parks Ryton and Hams Hall are important locations in the Midlands, especially for the automotive industry and are already home to companies such as Jaguar Land Rover, LEVC and DHL. Both sites have quick access to the national motorway network, with Prologis Park Hams Hall also featuring an on-site intermodal rail freight terminal, which links to three seaports and the channel tunnel.
Alongside playing their part in improving the flow of goods around the country, the four new units will also deliver social value through job creation and strengthening the local economy. Sustainability has been factored into the build process from the outset too, with all units being net zero in construction, and will be targeted BREEAM-rated ‘excellent’, and EPC A rated.
Tom Price, capital deployment and leasing director at Prologis UK, said: “These four new units will provide vital extra capacity for the West Midlands logistics and warehousing market. We know that our customers and the wider business community recognise the value of the region to their supply chain operations, and we’re pleased to be providing facilities to help meet that demand. It’s exciting to see the new units take shape and we’re looking forward to their completion later this year.”