PLANNING GREEN-LIGHTED FOR 392,000 SQ.FT. M1 INDUSTRIAL SCHEME
Developers HBD, part of Henry Boot, and CEG have secured a resolution to grant planning permission for APEX; a new 392,000 sq. ft. logistics and manufacturing hub in Mansfield that could create up to 500 new jobs.
The partnership will deliver five high-spec buildings at the site, formerly known as Penniment Farm, ranging from 30,000 to 150,000 sq. ft. and ready to occupy from Summer 2025.
APEX is located on one of the Midland’s key industrial corridors, with motorway access from J28 and J29 of the M1 and each of the buildings is designed with sustainability in mind.
Vivienne Clements, Head of Industrial and Logistics at HBD, said: “We’re pleased to be working with CEG to deliver this latest logistics scheme – it benefits from an excellent position on the M1 and, given its sustainability credentials and the local skills base in Mansfield, we expect to see strong interest from potential occupiers.
“Supply of high-spec industrial stock coming forward remains low across key industrial corridors in the Midlands – we’ll be looking to bring space forward quickly to meet established demand, with the first buildings ready to occupy from Summer 2025.”
Matthew Rhodes, planning manager at CEG, said: “We have worked on the Penniment Farm development for many years and new homes are already being delivered at the site. This significant proposal represents one of the largest job creation projects in Mansfield in recent years and will assist the Council in delivering its economic strategy of attracting inwards investment and creating more job opportunities for local people.
“Having delivered a number of Midlands employment sites, including Vesuvius at Worksop and Vaughan Trading Estate in Tipton, we are confident that APEX will also be a huge success, creating hundreds of jobs and economic benefits for the local area.”
HBD, part of Henry Boot, is one of the UK’s leading developers, working from six offices and with a development pipeline of £1.26bn. Focusing on delivering places with purpose, it focuses on large-scale urban regeneration, residential and industrial and logistics projects.
Property Group CEG operates a circa five million sq. ft. portfolio valued at around £800million. These range from high quality offices, studios and shops to industrial warehouses and are home to around 500 thriving businesses.
The property agents for APEX are FHP, CPP and M1 Agency.