Stoford and BlackRock UK Property Fund (BUKPF) have submitted a detailed planning application for the redevelopment of a 16.4-acre logistics complex in Coventry.
The proposed scheme would see the construction of a new 302,000 sq ft unit on a brownfield site at Middlemarch Business Park, Siskin Parkway West, currently occupied by a national logistics operator.
Stoford plans to demolish an existing 1970s building and replace it with a modern, purpose-built logistics facility, with integral three-storey office space.
Sustainability is at the heart of the scheme, with energy efficient features including LED lighting and photovoltaic roof panels, as well as EV charging provision and extensive landscaping. It will target BREEAM Excellent.
The complex will promote employee wellbeing and encourage public transport use through the delivery of an on-site gym and shower facilities, external seating, cycle storage, and cycle and walking routes.
BUKPF has a long lease on the site from the landowner, Coventry City Council, and has appointed Stoford as the scheme’s development manager. The two parties have previously delivered industrial developments totaling more than 310,000 sq ft on the sites immediately to the north and west of the application plot, which are now occupied by Zooplus and World of Books.
Dan Gallagher, Joint Managing Director of Stoford, said: “This scheme presents the opportunity to secure the long-term future of the site through a replacement complex which meets modern, operational needs. Our proposals not only support economic growth but will deliver an attractive landscaped environment and a better place for people to work.”