Prologis to develop 585,000 sq ft in Hemel Hempstead

Prologis today announced that its 35 acre site at Maylands Gateway in Hemel Hempstead has gained a resolution to grant planning permission from Dacorum Borough Council.

Prologis acquired the Maylands Gateway site from the Homes and Communities Agency in March this year. The plans for the site include a seven unit scheme totaling 585,000 square feet together with c.£2m investment in the local highways infrastructure. The delivery of Maylands Gateway as an employment site is a key component of the Council’s Hemel 2020 Vision and will initiate development within the new Enviro-tech Enterprise Zone.

The new Prologis Park Hemel Hempstead, which has the potential to create over 750 new jobs, will almost double Prologis’s ownership within the town, which already supports around 1,000 jobs. Each new building will be designed and constructed to achieve a minimum BREEAM ‘Very Good’ accreditation, the best EPC rating for its size and have rooftop solar PV as standard.

Maylands Gateway is close to Junction 8 of the M1 motorway and 4 miles from Junction 21 of the M25 motorway, providing immediate access to Greater London and the wider national motorway network.

“We are delighted that our plans for Maylands Gateway are moving forward,” said Paul Weston, Senior Vice President, Prologis UK. “Hemel Hempstead is an ideal location for many of our customers and there is already a great deal of interest in the site from potential occupiers. We have been investing in Hemel Hempstead for almost 20 years and will continue to be an active member of the local community.”

Prologis owns and manages approximately 24 million square feet of logistics and industrial space in the UK as of March 31,2017.

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