Groundworks have started at a Gloucestershire site, paving the way for the development of a state-of-the-art manufacturing and design facility for Moog Controls Limited.
Barberry Industrial is delivering the 184,000 sq ft centre of excellence on a 10-acre site in Tewkesbury. The facility will be a carbon neutral building, designed to a BREEAM excellent EPC A+ standard. It is expected to be operational in 2023.
Barberry, the West Midlands-based development and investment company, has started construction on the site off the A46, near junction 9 of the M5, having agreed a 35-year lease with Moog Controls.
Main contractor Readie Construction has been appointed to deliver the £28 million construction contract, which includes both Cat A and Cat B fit out works.
Jon Robinson, development director at Barberry, said: “Following a competitive tender we have now appointed Readie Construction to act as main contractor on this project. It’s fantastic to see work finally start on site so we can move forward with our program.
“To have reached this stage so soon is testament to all the hard work and effort put in by our professional team. We are excited to be delivering a state-of-the-art factory and extremely proud to have led the way on what will be one of the few carbon neutral manufacturing facilities in the UK.”
Mark Lawton, general manager at Moog, said: “The team is delighted to be moving to the construction phase of the project and we look forward to working with Barberry in the months and years to come.”
Jon Mott, project director at Barberry, said: “We are excited to have appointed Readie Construction as our main contractor and to be working together to deliver the Moog Controls centre of manufacturing excellence. We are working to a tight timeline with a view to completing construction in April 2022.”
Stuart Read, chairman of Readie Construction, said: “We are very happy to have successfully won the tender and been appointed to work alongside Barberry, Moog and the project team in delivering this exceptional building.”
In December, joint venture developer Richardson Barberry completed the sale of a prime warehouse/logistics park in a £78 million off-market deal. CCP 5, a fund advised by Tristan Capital Partners, acquired More+ Central Park, totaling 559,228 sq ft, at Avonmouth near Bristol. The prime mid-box logistics park includes five completed units forming the 176,393 sq ft phase one, and six further units to be built out as phase two providing a further 382,825 sq ft which will be developed by Richardson Barberry.
Barberry has a 3.3 million sq ft industrial/logistics development pipeline with a Gross Development Value of more than £400 million. The company has 455 acres of strategic land with a development land value of £225 million, across 10 sites under its control, and a £30 million commercial and residential ‘value add’ portfolio.