Caddick Construction, the family-run Yorkshire-based construction firm, is set to deliver a new high quality industrial site in Leeds on behalf of industrial and commercial property specialists Towngate plc, another Yorkshire-based firm.
The site is located in Cross Green, Leeds, LS9, Just off Junction 45 of the M1 Motoway; a largely industrial area that is only a 10 minute drive south east from the city centre. Caddick Construction has been commissioned to build a series of portal framed warehouses with metal cladding, as well as carrying out external works and improving the drainage on site.
Construction of Phase 1; Units TL1 (55,000 sq ft) and TL2 (62,500 sq ft) is already underway, with the project set to be completed in February 2019. The units are being built speculatively and available to let from the February 2019 date.
The site adds to Caddick’s extensive industrial expertise, which includes recently completed projects at Crosspoint 33 in Knottingley, a 1.3 million sq. ft. distribution centre for TJX Europe that was forward sold to Tritax Big Box REIT and Tunstall Arrow, a 28-acre five-unit speculative industrial development near Stoke-on-Trent.
Andrew Murray, managing director at Caddick Construction, said: “As a Yorkshire-based, family business, it’s great to be working with another local business specialising in industrial property, which is a huge growth area not just for us but the real estate sector as a whole.”
Robert Smith, managing director at Towngate plc, said: “Caddick Construction have a proven track record of delivering institutional-grade assets, and as we look to capitalise on growing demand for industrial space in the North we couldn’t ask for a better delivery partner.”
Caddick Construction and Caddick Civil Engineering are the operational arms of Caddick Group PLC. Offering more than 35 years’ experience across a range of market sectors including commercial, education, industrial, leisure, refurbishment, residential, care, retail, mixed use and fit out. The Group employs almost 500 people and its turnover exceeds £150 million.
Caddick Construction was recently named the Best Main Contractor to Work With (£50m-£250m turnover) by Construction Enquirer, and was recognised as a considerate constructor at the Considerate Constructors Scheme’s National Site Awards.