Work has started on site at a prime employment park on the outskirts of Wakefield.
Yorkshire property company Frank Marshall Estates bought the four-acre site at Flanshaw Way, close to Junction 41 of the M1, from Flanshaw Property Ltd for £1.3 million earlier this year.
Visiting the development this week, Edward Marshall, director of Bradford-based Frank Marshall Estates, promised to create “the best business park that Wakefield has ever had.”
He explained that the land would be developed in two phases: The first comprising 49,200 sq ft of quality industrial and office space, including a seven unit Nano Park; and the second featuring a further 30,000 sq ft of prime industrial space. This will be available as a design and build opportunity.
“The enabling works have now been completed, so work on the first phase of the development of the 37,300 sq ft Flanshaw Business Park and the 11,900 sq ft Flanshaw Nano Park has now begun. This is a tremendously exciting project, which will bring much-needed employment and business space to the Wakefield area,” said Mr Marshall.
The main contractors are Bradford-based Percy Pickard and work on this first phase is scheduled to be completed by April 2021.
Edward Marshall said: “Wakefield is a logistics and distribution hotspot, thanks to its superb position at the centre of Yorkshire’s excellent motorway network. We estimate that the park, once it is fully developed out, will maintain 200 new and sustainable jobs, providing a substantial boost to the area’s economy.”
Rob Oliver of joint marketing agents Avison Young said: “We are delighted that Frank Marshall Estates have now started on site and we expect their proposed development to be well received by the local occupational market. We are looking forward to working with them as they now bring the whole development forward.”
The joint agents on the scheme are the Leeds office of Carter Towler and Jonathan O’Connor of Walker Singleton.