Canmoor has secured planning consent from Renfrewshire Council to develop 300,000 sq ft of new speculative space on a 13-acre site at Westway, next to Glasgow Airport.
The £25m development will consist of two industrial warehouse units of 86,630 sq ft and 202,230 sq ft, to be known as Westway 90 and Westway 200, respectively. The larger unit will be capable of being split into two units of 91,110 sq ft and 118,140 sq ft.
The development will provide direct access from Westway to Junction 28 of the M8, via the recently opened Barnwell Street Bridge, as well as to Glasgow Airport and the Advanced Manufacturing Innovation District. It will also be adjacent to the recently-opened Filshill distribution centre.
There will be dedicated car and heavy goods vehicle parking and a yard of up to 50 metres deep.
Each unit will be designed as all electric, targeting BREEAM Excellent and EPC ratings of A. Further green credentials include electric car charging points, provision for solar panels and air source heat pumps.
A preferred main contractor has been identified and the development is expected to commence in July, with the units being available for occupation in fourth quarter of 2024.
Gregor King, Canmoor’s asset manager at Westway, said: “We are committed to continually improving the standard of accommodation at Westway, through ongoing investment and firmly believe the development of this best in class, sustainable industrial/logistics space will be very well-received in the Scottish market.
“With this outlook, exciting times lie ahead as Canmoor continues its ongoing investments.”
Gavin Newlands, MP for Paisley and Renfrewshire North, stated: “Having the capacity to provide additional quality industrial and logistics space is incredibly positive news for Renfrewshire and the wider west of Scotland region.
“This development will attract more businesses to establish their presence here, fostering job creation in the process.“
Westway is Scotland’s largest fully-enclosed industrial park and currently offers over 1,700,000 sq ft of multi-let space. Set on a 135-acre site, it is home to businesses including Altrad, Babcock, Malin Group, Renewable Parts, DSV Logistics, The National Manufacturing Institute Scotland, Boeing and Bullet Express and JW Filshill.
Canmoor’s joint leasing agents are JLL and Colliers, with management by Knight Frank.
Iain Davidson, director at Colliers, added: “Westway stands as a premier industrial and logistics destination in Scotland, consistently drawing substantial interest from local and regional businesses seeking occupancy.
“The Scottish market eagerly awaits such developments, and with its prime location and exceptional connectivity, we expect strong demand for this highly sought-after speculative project.“
Separately, Highland property investment and development company Ark Estates has acquired a prime site for redevelopment in Invergordon, on the Cromarty Firth.
Located on Castle Avenue Industrial Estate, the site comprises a detached warehouse with trade counter and ancillary accommodation, with yard to the front of the building suitable for secure open storage.
Renovation work is currently under way at the 0.8 hectare site, with a focus on repairing and enhancing the existing building. Materials will be repurposed where possible and a new solar power system will be installed, along with environmentally-friendly insulation.
Willie Gray, managing director of Ark Estates, said: “The building would be suitable for a range of industrial uses and in terms of having a strategic location - being adjacent to the new freeport and close to the A9 trunk road, it really couldn’t be better.
“We have engaged IBI Joiners of Inverness, who have just begun a high quality renovation of the site, focusing on sustainable building techniques and materials and energy efficient heating and power systems to bring the building into the 21st century.
“It will be ready for occupation by end-July 2023 with expressions of interest invited to Graham + Sibbald in Inverness.”
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