British Land has secured approval for a 120,000 sq ft net-zero urban logistics hub at Paddington in London.
The site at 5 Kingdom Street, W2, will aim to facilitate low-carbon deliveries across central London. It will provide inbound access to HGVs with outbound deliveries via smaller electric vehicles and electric cargo bikes.
The logistics hub is estimated to remove around 100 large vans from Westminster’s roads every day. It is expected to create more than 500 jobs.
British Land head of logistics Mike Best said: “The post-pandemic demand for ultrafast deliveries comes with major impacts on emissions, air quality, congestion and road safety, which urban logistics hubs can combat.
“Replacing traditional vans with sustainable electric vehicles and bikes can deliver carbon savings of up to 90% per parcel alongside the wider positive impact on air quality and wider environment for local communities.”
British Land’s greater London urban logistics pipeline has a gross development value of £1.5bn and includes two sites off the Old Kent Road, Finsbury Square Car Park, and sites at Enfield, Wembley and Thurrock.
The owner has so far submitted planning applications for 1.6m sq ft of potential urban logistics space.
See more planning information in the W2 London postcode>>
To send feedback, e-mail pui-guan.man@eg.co.uk or tweet @PuiGuanM or @EGPropertyNews