Boundary Secures Planning for Landmark Logistics Development in North Leicester
Boundary Real Estate Partners has secured outline planning consent from Charnwood Borough Council at Watermead Business Park. The development of up to 61,000 sq m (656,620 sq ft) of warehouse space will provide a gateway location into Leicester.
The new development will inject capital into the region, providing substantial employment and economic growth, along with protecting, enhancing, and extending the area’s network of green spaces. It is anticipated that up to 918 permanent and 447 temporary jobs will be provided through the development of high-quality work environment, providing attractive new space for business innovation and employment.?
The 31.06-hectare (76.77 acre) site is part of the Raynsway portfolio, acquired by Boundary in 2022. It is located between the towns of Thurmaston, Wanlip, Birstall and Syston, approximately three miles north of Leicester City centre. Since acquiring the portfolio, Boundary has worked hard to continue the ethos of local company growth. Recent investment into the Thurmaston and Syston properties have yielded new lettings including Eon Next; Soane Britain and the British Red Cross. The combination of best-in-class office provision and urban logistics has allowed the Raynsway portfolio to continue to evolve.
领英推荐
The new development will target BREEAM Excellent rating, and the buildings will achieve EPC A ratings. A full Life Cycle Assessment will be undertaken, ensuring that the design, construction and operation of the buildings meet the highest environmental standards.
Mike Morrison, Founding Partner of Boundary, says: “At Boundary we strive to regenerate and reposition our investments to create sustainable environments for our tenants to thrive within. Our team have been working extremely closely with Charnwood Borough Council, Leicester City Council, the local parish of Thurmaston, and various regeneration groups to develop a scheme that will, not only provides jobs and growth for the region, but will also become an exemplar in environmental standards.”
Thank you to all those involved, we couldn't have done it without you :)