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British Land Secures Planning for Southwark Logistics Hub

British Land Secures Planning for Southwark Logistics Hub
05 October 2023
 

British Land has received a resolution to grant planning permission for a logistics hub in Southwark, the latest scheme in their London urban logistics pipeline.

The 140,000 sq ft multi-level last-mile logistics scheme is on Mandela Way, Southwark, close to the junction of New Kent Road, Old Kent Road and Tower Bridge Road.

The former Southwark Council car pound will be redeveloped to feature four floors of logistics space with access to local consumers and central London making it suitable for a range of prospective occupiers. The asset’s ground floor logistics space provides access for a variety of distribution vehicles including HGVs and cargo bikes, while upper floors will be served by lifts.

The scheme will target a BREEAM Excellent rating and implement low-carbon materials, and a circular economy strategy to lower embodied and operational carbon emissions.

British Land’s pipeline of urban logistics projects in Greater London has a gross development value of £1.3 billion, including a  455,000 sq ft multi-level logistics space at Heritage House, Enfield, located near Junction 25 of the M25.

Mike Best, Head of Logistics at British Land, said: “Mandela Way is the latest scheme in our London urban logistics pipeline to receive planning consent following approvals at both Paddington Central and Enfield earlier this year, enabling us to bring forward another high-quality logistics project and continue to address the acute undersupply of sustainable, modern warehousing in Greater London.

“We continue to explore new opportunities to leverage our longstanding investment and development expertise to source and execute acquisitions which unlock opportunities to densify London’s logistics supply.”

Picture: a CGI showing the proposed exterior of the new site at Southwark. Image Credit: British Land

Article written by Ella Tansley | Published 05 October 2023

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