Prologis starts construction work at
458,000 sq ft warehouse for BMW in Northamptonshire
4 May 2011
Prologis has started construction work at a new 457,546 sq ft (42,506 sq m) purpose built warehouse for BMW Group (UK) Ltd at Prologis Park Pineham in Northampton. Tim Abbott, Managing Director of BMW Group (UK) Ltd, Andrew Griffiths, MD of Prologis UK and Roger Mendonca, Chief Operating Officer of the West Northamptonshire Development Corporation (WNDC) were present onsite for a ground breaking ceremony on 21 April 2011.
BMW Group’s multi million pound new UK facility will serve as the group’s regional distribution centre delivering parts to BMW, MINI, Rolls-Royce Motor Cars and BMW motorcycle dealers throughout the UK and Ireland. The building will be constructed to achieve an EPC “A” rating and BREEAM “Excellent” accreditation. Furthermore, Prologis will measure and reduce the carbon embodied in the structure and fabric of the building and then mitigate 110 % of unavoidable carbon emissions by investing in a verified avoided deforestation project.
Andrew Griffiths, MD of Prologis UK said: "This is an important day for Prologis since it not only reinforces our commitment to Northamptonshire; it also marks the start of our relationship with the BMW Group in the UK. Prologis has built two facilities for the Group in the US – in Pennsylvania and Chicago – but this is the first in this country. I hope that this will mark the start of a long and happy working relationship.
"This new 460,000 sq ft facility will bring the total of occupied employment space build by Prologis in Northamptonshire up to nearly seven million square feet. This figure not only highlights the county’s importance as a distribution hub, it also represents 7,000 to 8,000 local jobs."
Tim Abbott, Managing Director BMW Group (UK) Ltd, said: "Today marks an important milestone in our new warehouse project. This new facility represents a multi-million pound investment for BMW Group UK that is designed to further develop our industry-leading parts logistics operations."
Roger Mendonca, WNDC’s Chief Operating Officer said: "We’re delighted that a world class business like BMW has chosen to invest and locate in Northampton. This development is excellent news for the town, which is building a strong reputation as a great place to do business."
BMW at Prologis Park Pineham - Planning granted
12 January 2011
Prologis (NYSE: PLD), the leading provider of distribution space in the UK, announced today that it has been granted planning consent to develop a new 457,546 sq ft (42,506 sq m) purpose built warehouse for BMW Group (UK) Ltd. at Prologis Park Pineham in Northampton.
Prologis submitted a planning application for the new building to the West Northamptonshire Development Corporation (WNDC) in October this year, a few days after signing a lease agreement with BMW Group. Work on the site is expected to begin in spring 2011, with completion on track for January 2012.
The facility will be the result of a multi-million pound investment by BMW Group in the UK and will serve as BMW Group's regional distribution centre delivering parts to BMW, MINI, Rolls- Royce Motor Cars and BMW motorcycle dealers throughout the UK and Ireland. The building will be carbon neutral and constructed to meet the standards of EPC "A" rating and BREEAM "Excellent".
Andy Griffiths, MD of Prologis UK, said: "We are delighted to have been given the go-ahead by the WNDC and look forward to working closely with them and with BMW Group. This decision is an important step forward in the process and the new warehouse is expected to employ around 200 people when it becomes operational in April 2012. We are very pleased to be able to contribute to the local Northants economy."
Prologis leases 373,000 square feet to 99p Stores
17 March 2010
99p Stores will more than double its existing distribution warehousing capacity by moving to Prologis Park Pineham from its current location at Prologis Park Daventry where it had been occupying a 150,000 square feet distribution facility since 2005. It is moving into a new state-of-the-art facility which is currently being fitted-out.
This will enable 99p Stores to initially maintain 250 jobs in West Northamptonshire and to expand further as it reaches its target of 200 stores in 2010.
Nadir Lalani, Chief Executive of 99p Stores, commented: We have enjoyed an excellent relationship with Prologis over the last five years and are delighted to have found another suitable property in West Northamptonshire to allow us to continue to grow our business and to be able to retain our staff. We are looking forward to moving into our new energy efficient building, which will enable us to make significant operational savings. Every penny counts at 99p Stores!
Andy Griffiths, MD of Prologis UK, added: We pride ourselves on our relationships with our existing customer base and are delighted to have signed a new agreement 99p Stores which will support their business in the years ahead. 99p Stores has been flourishing in the downturn and we are pleased to be part of their success. 99p Stores have been a customer of ours in Northamptonshire for five years and I am pleased that its local expansion will make a further significant contribution to the Northants economy.
This unit, along with a 138,000 feet-square facility still available to let on the park, has been developed to the highest environmental building standards. It benefits from sustainable features such rain water harvesting, 15% rooflights and industry-leading methods of construction that allow occupiers to reduce their energy consumption by up to 40% compared to a Building Regulations compliant warehouse. The buildings, which are adjacent to a unit of 618,000 square feet leased to Sainsbury's, have been awarded the BREEAM Rating of 'Excellent'. Prologis also owns 43.22 acres ready for development on site.
Located off Junctions 15a and 16 of the M1 in Northampton, Prologis Park Pineham provides occupiers with access to the national motorway network, primary consumer markets and a readily available workforce.
Proteus Property acted for 99p Stores and Burbage Realty/Readings Hope & Mann for Prologis.
