Half million sq ft plus scheme for Markham Vale

Joint venture partners St Francis Group and iSec have secured planning consent for a second phase at Markham Vale’s Horizon29, totalling 579,000 sq ft .

The scheme just off junction 29a of the M1 between Sheffield and Nottingham, now has planning for three more industrial units ranging in size from 113,000 sq ft to 250,000 sq ft bringing the total space to 1.4 million sq ft.

Work at Horizon29 is already underway with extensive ground works completed and infrastructure changes and highways and service upgrades about to commence.

The first phase of the development, for 824,000 sq ft across five units, ranging from 73,000 sq ft to 310,000 sq ft, was granted planning consent earlier in the year and plots are now available for development.

Gareth Williams, development director of St Francis Group, said: “The East Midlands has seen a good take up of large, bespoke industrial premises over the last 12 months.  We expect keen interest from a range of occupiers wanting first class accommodation, prime location and labour supply.”

Knight Frank Sheffield and CBRE Leeds are joint agents on Horizon29.