Sustainable and impact investor developer Chancerygate and Bridges Fund Management have started construction work a new 119,500ft² urban logistics park on the Swords Road, Santry, Co. Dublin.
Named Airport Trade Park, the scheme will comprise 13 units ranging from 3,600ft² to 22,370ft² with an estimated gross development value (upon completion) of around €45million (c.£37m).
Planning for Airport Trade Park was granted in July 2024 and the development is being built by contractor TSL Projects, with practical completion due in autumn 2025.
Airport Trade Park is targeting LEED Gold accreditation, with each unit to benefit from electric vehicle charging points, photovoltaic panels and air source heat pumps.
In addition, roof lights, covering 15% of roofed area, will assist in reducing occupational costs and related CO2 emissions.
Development director and head of Chancerygate’s Irish office Ed Dobbs said: “There is strong demand for strategically located, high quality urban logistics accommodation across the Greater Dublin area.
“Our Airport Trade Park scheme will satisfy this through providing sustainable, Grade A space with excellent transport connections to enable occupiers to efficiently serve the local and the wider region.
“We now look forward to practical completion and delivering much-needed urban logistics units into the market.”