Construction is well underway on a £60 million state-of-the-art industrial and warehousing unit development covering 285,000 sq ft in South Yorkshire.
The huge steelwork frames have now been erected at Catalyst at Sheffield Business Park with practical completion set for March 2023. Sitting just off the M1 and fronting directly onto Sheffield Parkway, the main arterial route into the city, Catalyst will feature five units of 22,354 to 108,237 sq ft on an 18-acre site. All are available to let on completion, with the scheme expected to bring in around 500 jobs when occupied.
Leading investor, developer and asset manager Mirastar committed the funding agreement earlier this year to help deliver the scheme, alongside developers Premcor and Peveril Securities. Agents Knight Frank, Gent Visick and M1 are marketing the units, described as suitable for warehouse and distribution, general industrial and manufacturing.