A joint venture between developer Chancerygate and the real estate investor, developer and manager Hines has secured planning consent to build 166,500ft² of Grade A urban logistics in Chadderton, near Oldham.
Located at Broadway Green on the Lydia Becker Way spine road in Oldham, the ‘Aurora Park’ development will comprise 18 leasehold units ranging from 4,700ft² to 20,500ft² and has a projected gross development value of around £39m.
All units at the development will be fitted with electric vehicle charging points and solar panels on their roofs, which will provide occupiers with green energy on an affordable basis.
Additionally, the units at Aurora Park are being constructed from high-performance building materials to reduce CO2 emissions and occupier operation costs.
The scheme is targeting EPC A and a BREEAM Excellent rating as a minimum.
Chancerygate development manager Andy Farrer said: “Our Aurora Park scheme will help satisfy the strong demand for high specification, flexibly sized urban logistics space that meets the needs of the modern businesses.
“The development’s strategic location in an established industrial site and proximity to key transport infrastructure makes it appealing to a diverse mix of occupiers who serve the locality and wider region.
“Now that planning has been granted, we look forward to starting work at Aurora Park and delivering new high-quality accommodation for the Greater Manchester and the North West.”
