A joint venture (JV) between Chancerygate and Hines has submitted plans to speculatively build 115,000 sq ft of industrial and warehousing space on the final five-acre plot at Gemini8 in Warrington, Cheshire.
Situated within the North West’s most prominent business park, the proposed scheme will provide around 18 units ranging between ranging from 3,900 sq ft to 16,500 sq ft.
Comprising 5.1 acres in total, Gemini8 is strategically located with direct access to the M62 motorway. Occupiers surrounding the proposed scheme include Ikea, Starbucks, Travelodge and Marks & Spencer.
Commenting on the development proposals, Chancerygate development director and head of its Warrington office, Mike Walker, said: “The site at Gemini8 is without doubt one of the most prominent in the North West and is the ideal location for a range of high-profile commercial operators.
“We believe the location is perfect for the introduction of modern, high specification industrial and warehousing units aimed at the vitally important SME sector. The development will assist local and national businesses with expansion plans to fulfil their ambitions.”
Greg Cooper, Hines UK director of industrial and logistics, added: “Submitting a planning application so soon after we acquired the site is testimony to our confidence in the opportunity to deliver a high quality industrial and trade counter scheme in an excellent location, where we believe there will be significant occupier demand.”