Knight Property Group has submitted a planning application to South Lanarkshire Council to develop a £50m logistics park in Bellshill, south east of Glasgow city centre.
The 245,000 sq ft development, called Belgrave Logistics Park, will be located on the site of a former Devro manufacturing facility.
Knight’s submission for the 14-acre site, which will be developed on a speculative basis, includes plans for five high-quality logistics units of 28,940 sq ft, 18,940 sq ft, 33,945 sq ft, 47,940 sq ft and 125,665 sq ft.
Each unit will have a target EPC rating of A. Further green credentials include electric car charging points, solar panels on the roof, all-electric heat recovery and air conditioning to offices and water management flow restriction to conserve water.
Knight bought the site in February. It is undergoing demolition and site clearance works. Construction is expected to start later this year, with the first units launching in the second quarter of 2022.
Howard Crawshaw, managing director of Knight Property Group, said: “We firmly believe the delivery of high-quality logistics warehousing to the Scottish market will be well received and even more so given the location and multi access points to the motorway and road network that are accessible within minutes.”
Alan Gilkison, partner at Ryden, which is advising Knight on the park, said: “Given the prime location and excellent connectivity, we anticipate positive demand from discerning logistics businesses. Belgrave Logistics Park is certain to be well-received.”
View recent deals in the Glasgow industrial market >>
To send feedback, e-mail pui-guan.man@eg.co.uk or tweet @PuiGuanM or @EGPropertyNews
