Groundworks have commenced at Opus Land and Fiera Real Estate’s 500,000ft² Opus 49 industrial and logistics scheme in Avonmouth in the Southwest.
The 50-acre scheme consists of three units from 100,000 to 250,000ft² targeting BREEAM Excellent and EPC A ratings, which will be achieved through the incorporation of water-saving and renewable energy technologies, such as roof-mounted PV panels and electric car charging points.
The site was purchased by Opus Land with funding from Fiera Real Estate Opportunity Fund V UK in April 2022, after initial interest beginning at the end of 2020 in the midst of the Covid-19 pandemic. The site represents the final phase of Avonmouth’s Central Park, a 6 million ft² logistics park in the Southwest which sits adjacent to the A403, less than one mile from the new Junction 1 access of the M49.
The agents on the scheme are JLL and Savills with architect UMC. Both leasehold and freehold interest will be considered.