Developer offers fast track D&B in North east
With outline planning consent secured and full site infrastructure in place, the developer said it can deliver unit sizes from 50,000 ft2 up to 577,500 ft2 within the year.
The announcement responds to the rapidly growing on-demand logistics market and unprecedented changes in digitalisation and consumer delivery expectations.
According to ONS data Covid-19 saw five years’ growth in e-commerce between March and May 2020 and currently, internet sales as a percentage account for over 30% of all retail sales in the UK.
Furthermore, a recently published report by the British Property Federation (BPF), ‘Delivering Goods in 2020’ concluded that logistics is one of the sectors driving change in the economy and is forecast to increase by 43% over the next 20 years reaching £114 billion by 2039.
The 90-acre Symmetry Park Darlington is located on the A66 and just a few miles from the A1(M) motorway.
Simon Dixon, Development Director at Tritax Symmetry said, “Having already pre-let a significant proportion of the site to Amazon for its state-of-the-art facility, the second phase is ready for immediate pre-let delivery with funding, power and full site infrastructure already in place.”
Colliers International, Gent Visick and Carter Jonas are joint agents for the scheme.
