Stevenage site snapped up for logistics development

Wrenbridge and Bridges Fund Management have acquired a strategic employment site on North Road, Stevenage to develop over 200,000 sq ft of logistics/industrial space.

The site is allocated for employment use, Wrenbridge and Bridges are looking to submit a planning application in April. The partners are working towards delivering a high-quality industrial and logistics scheme that will support economic growth in the region. The proposed new scheme will be highly sustainable – with a target BREEAM rating of ‘Excellent’.

Ben Coles, Chief Executive of Wrenbridge, said: “This is a key employment site in Stevenage and we look forward to working with the Council and other key stakeholders to bring forward a scheme which can make a significant contribution to the local economy through job creation. We will be delivering high-quality industrial and logistics accommodation to meet existing and future market demand.”