The Yorkshire Counties
£7Million Phase of Works to Protect Rotherham Homes and Businesses Complete
The latest works to protect homes and businesses from flooding have been officially completed at Ickles Lock in Rotherham today. They form part of the Council’s Rotherham Renaissance Flood Alleviation Scheme (RRFAS) to reduce the impact of severe flooding from heavy rains, like those encountered in 2007 and 2019.
RRFAS will reduce the risk of flooding from the River Don and its tributaries along a 5 km-long stretch of the river, as it weaves through Templeborough, Rotherham Town Centre and Parkgate.
A 125-metre-long concrete wall built between the railway and canal from Ickles Lock to Centenary Way, Rotherham Town Centre, will now better protect businesses and the railway from floods. Rotherham Council and its partners have invested £7million to complete this latest phase of works
Cllr Dominic Beck, Cabinet Member for Transport and Environment said: “We’re dedicated to delivering flood alleviation
projects and work with communities and businesses to develop flood resilience measures in
the worst-affected areas.
This flood wall will protect another part of our town from flooding and the awful impact it can have on peoples’ homes and businesses.”
Flood defence works at nearby Forge Island, completed in 2020, are enabling the
current regeneration of the site
to go ahead unhindered. Around 400 businesses, railways, tram networks and main roads will be better protected by RRFAS when it’s complete. These include the A630, A633, A6123, Rotherham Central Station and Parkgate Station.
A colourful mural that pays homage to the town’s cultural and industrial heritage was officially unveiled at Ickles Lock this afternoon, where Cllr Chris Read (Leader) and Cllr Dominic Beck, Cabinet Member for Transport and Environment, were joined by The Shadow Secretary of State for Environment, Food and Rural Affairs, Jim McMahon MP; partner agencies.
Council staff and
Progress & Potential: The Development of Capital Park Beverley
The £10 million investment by Brooklands Grove Hill Ltd in the development of Capital Park Beverley is yielding positive results. Poised to be a catalyst for local economic growth; as the development gains momentum, we take a closer look at the progress and potential.
Accessibility and growth Set to become a hub for businesses, local and national, Capital Park offers premium light industrial/trade counter units and sits just off the A1117 trunk road that serves as a ring road around Beverley. With unparalleled accessibility to Hull City centre (9 miles), the East Coast, York, and national motorway networks (M62-12 miles).
A 10-year lease by LKQ Euro Car Parts at Unit 2, and the expansion of Cumberland Comms into the entirety of Unit 1 are indicative of the confidence that local and national businesses have in the development’s ability to accommodate their logistics, distribution and growth needs.
Unit 7
Verdion Gears up for UK Growth With Senior Appointment
Pan-European logistics
real estate specialist Verdion has appointed Mark Garrity to its team as Development Director UK.
Specialising in industrial and logistics development, Mark joins the business from
Chancerygate, where he was responsible for delivering new facilities across the Midlands and expanding the firm’s regional presence including The Forge Industrial Park in Minworth, Holbrook Park in Coventry and Genesis in Leicester. His experience also includes client-side and agency roles, and acquisitions and disposals activity across retail and trade counter markets.
At Verdion he will support the business in its next stage of UK growth, building on the success of the flagship iPort multimodal logistics hub outside Doncaster and focussing on logistics development opportunities underpinned by strong ESG credentials close to major urban populations.
Verdion is also expanding its activity across Europe. Its second fund – Verdion European Logistics Fund 2 (VELF 2) – is focussed delivering on off-market,
value-add opportunities
in strategic urban locations across Germany, the Netherlands, Denmark and Sweden. Other strategic partnerships continue, with investment and development in major parks, brownfield regeneration and complex built to suit manufacturing and logistics opportunities.
Mark Garrity, Development Director UK at
Verdion, said: “There is a
significant growth potential in the UK’s regional urban logistics markets, especially where challenges around delivery may be holding back optimum use of brownfield sites. I’m looking forward to a
new pipeline
initiating and managing from
the outset,
leveraging Verdion’s wide experience of similar strategies in other European markets and working with the stand- out technical team behind the very successful iPort hub.”
The buzz around the construction of Unit 7 - 7 hybrid units totalling 9331 sq. ft - indicates a strong demand for industrial space in the area. Welcoming local recent occupation of Unit 7a and 7g by local enterprises, Brooklands are now accepting viewings for the immediate occupation of b-f (or combination of).
Debbie Barbor, CEO says “We believe that Capital Park is the premium yet practical choice for businesses, having included features that cater to the needs of modern enterprises”. With sustainability in mind, the development benefits from Grade A EPC certification and anticipates the increasing demand for EV infrastructure with 25 charging points available.
Unit 8 Taking a proactive approach in their commitment to creating a vibrant business community at Capital Park, Brooklands is welcoming enquiries from businesses interested in pre-let terms for Unit 8. Debbie confirms “With its foundations now laid, this exciting next stage of the development is on track to be completed by spring 2024.” A promising future
The influx of businesses into the area not only creates job opportunities but also stimulates the
local economy through increased
commercial activity, supply chain engagement, and potentially new services catering to the growing workforce.
With its prime location, modern infrastructure, and the growing interest from businesses, Capital Park is set to play a pivotal role in the prosperity of the local economy for years to come.
Brooklands’ vision for this development is turning into a reality, and the future looks promising for all stakeholders involved.
COMMERCIAL PROPERTY MONTHLY 2023 49
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