A planning application for the Prologis Maylands Gateway development to build nearly 55,000 square metres of commercial floor space on open land near the M1 has been given a boost by Dacorum Borough councillors.
The area, formerly used as the sports grounds for Lucas Aerospace and Kodak, has been unused for nearly a decade.
The proposals will deliver new distribution warehouses and buildings for light industrial uses, and investment in the local road infrastructure. The proposals include a range of different sized units designed to support the growth of Hemel Hempstead’s economy. The smaller and mid-sized units will provide the opportunity for existing businesses looking to expand or to move to new premises to do so within the area, as well as attracting new businesses to Hemel Hempstead. The larger units are likely to attract well-known companies such as larger retailers and manufacturers.
The scheme will secure over £80 million of private sector investment and based on our own research and that of Cranfield University, the scheme when fully delivered will support around 750-1,000 jobs in the manufacturing and logistics sectors.
The proposals have been designed to support the objectives of the Hertfordshire Enviro-Tech Enterprise Zone. Through the use of pioneering approaches to environmentally sustainable developments, the proposals include measures to mitigate and adapt to climate change, as well as delivering local economic, social and environmental benefits. Prologis will use the standards and best practice of BRE, one of the Green Triangle Partner organisations and is the first industrial property company in the UK to measure, reduce and mitigate the carbon emissions embodied in the structure and fabric of its new facilities.
Published on: July 3, 2017