Pochin’s has been awarded a £10.4m contract to build a scheme consisting of two units totaling 237,839 sq ft at Trafford Point, the world’s first purpose-built industrial park. The site, which is under the ownership of affiliates of Harbert European Real Estate Fund III, has appointed Pochin’s for the construction of two steel framed industrial buildings.
The large-scale development will include offices, external works, landscaping and drainage, and ahead of completion in August 2016, is expected to generate a great deal of interest.
The site in Trafford is a former oil storage depot. Since the depot was removed, the site has been remediated to reduce the levels of hydrocarbons in the soil to acceptable levels prior to development.
Adding to Pochin’s growing portfolio for the region, this latest announcement comes off the back of the recently awarded high profile contract to build the new residential development, The Rooftop Gardens, in Manchester’s Castlefield district.
Commenting on the deal, Pochin’s CEO Jim Nicholson said:
“We are delighted to be involved in a project of this scale. Pochin’s has a long-standing presence in Manchester and Trafford, and this development reflects our commitment to delivering high quality projects across the region.”
The development will be managed by CBRE Asset Services, whose Associate Director Howard Hill added: “The demand for commercial space in the Trafford area is abundant, and reflects the thriving local economy. We believe this site will provide in-demand warehouse and distribution facilities for prospective companies. Occupants will have the opportunity to benefit from the physical proximity to the community of businesses that Trafford Park is already home to, and the area’s fantastic transport links, making it a prime location for growth.
“We are extremely pleased to be able to collaborate with Pochin’s on this project, and look forward to seeing the new development up and running in the near future.”