Planning approved for extension to Prologis Park Coventry
Prologis UK has secured planning consent to deliver an additional 159,000 sq ft of space at Prologis Park Coventry.
Consent has been granted to deliver either a single unit or two-unit scheme on the site, depending on customer demand.
Once complete, the scheme at Prologis Park Coventry will bring the total value of assets under Prologis management in the Midlands to over £3 billion.
The business’ Warwickshire footprint will span more than 3.4 million sq ft across its holdings at Prologis Park Ryton and Prologis Park Coventry.
Maria Bailey, head of planning at Nuneaton and Bedworth Borough Council, said: “It’s our foremost priority to support activity which will directly provide a net benefit to our region.
“The granting of this planning application means that there are more chances than ever for the local community to pursue roles within a stable and progressive industry.
“Supporting the growth of businesses and attracting more commercial activity to the area will secure the delivery of a valuable employment site and bring inward investment and jobs to the borough.”
The new unit would target an EPC A and BREEAM ‘Excellent’ rating, as well as being net zero carbon in construction.
A future occupier would join the likes of IFCO, Halfords, DHL, Parcel Force and Co-Op at the park.
Caroline Musker, head of planning at Prologis UK, added: “This multimillion-pound expansion of Prologis Park Coventry will help to activate growth of local businesses and generate further inward financial opportunities.
“We pride ourselves in our expertise in providing agile spaces that deliver scalable groundbreaking solutions.
“Delivering flexibility through our two permissions at this scale means we can be adaptable to the market and the requirements of prospective tenants.”