Planning in for final two units at Logic Leeds
National urban regenerator, Muse Developments, has submitted plans to Leeds City Council to bring forward the final two plots totalling approximately 100,000 sq ft at Logic Leeds – its flagship industrial and distribution hub by Junction 45 of the M1.
The submission of planning represents the culmination of over 15 years’ work in partnership with Halifax Estates, to transform over 110 acres into approximately 1.25m sq ft of high-quality employment space and one of the region’s best and most accessible logistic hubs.
Following consent, it is anticipated that the remaining two units will be on site towards the end of this year, working safely and in line with current government guidance, with a 12-month build programme.
Logic Leeds forms part of the Leeds City Region Enterprise Zones which is supported by the LEP, the Combined Authority, Leeds City Council, the Ministry of Housing, Communities and Local Government and Muse Developments.
James Scott, development director at Muse, said: “It’s a fantastic milestone to submit planning for the final two plots at our hugely-successful Logic Leeds scheme. It’s a real testament to the hard work of everyone who has worked on the scheme over the years that we now come to the final two units to be developed.
“It’s been a pleasure to work with our partners on Logic Leeds and we truly believe that we’ve delivered on our shared vision to bring forward a first-class logistics destination, which has proved to be a catalyst for significant further development nearby in this highly-competitive sector.
This latest announcement follows in the footsteps of Phoenix Investment Management and Pegasus World purchasing units totalling 56,000 sq ft, which are currently on site, along with the completion 723,000 sq ft of space over two units pre-let to both electronics’ giant, Premier Farnell and Amazon respectively, with both buildings being funded by Aberdeen Standard Investments for in excess of £100m.
There is strong interest in both of the final units at Logic. The Leeds offices of Carter Towler and Knight Frank are the joint agents for the scheme.