Knight Property Group has secured planning consent from North Lanarkshire Council to develop a new £50m logistics park at Bellshill Industrial Estate
The 14-acre site will be transformed into Belgrave Logistics Park, a new 245,000 sq ft logistics facility.
Each unit will have an EPC rating of A and will include electric car charging points, solar photovoltaic panels to the roof, all-electric heat recovery/air conditioning to offices and water management flow restriction to conserve water.
‘New business and employment opportunities’
James Barrack, founder and chairman of Knight Property Group said: “Achieving full planning consent is a significant milestone for this high-quality and well-located development.
“Interest from potential occupiers has already been strong and confirms our confidence to develop speculatively in this sector and location.
“When complete, it will provide much-needed logistics space and has the potential to bring new business and employment opportunities to the area.
“The demolition and site clearance works are now complete and we are currently in the midst of detailed discussions with several parties to select a main contractor for the development, which we hope to conclude shortly.”
Marc Giles, planning partner at Ryden, who advised Knight, added: “The planning process was a real team effort and permission was granted well within the statutory four months determination period.
“We were delighted by the cooperative and positive approach from the planning officers at North Lanarkshire Council on this application.
“This development will bring significant economic benefit to the local area.”
Belgrave Logistics Park will be situated within the Bellshill Industrial Estate with transport links and quick access to the A725 dual carriageway which provides direct access to the M8 motorway between Glasgow and Edinburgh and also the M74 which is Scotland’s main road link south.
