US-based real estate company Bridge Industrial has secured planning consent for a 62,000ft2 urban logistics warehouse at Bridge Point, Croydon in South London.
Located on Factory Lane, the new development will target a BREEAM Excellent rating. Built to a Net Zero Carbon design, the building will be developed using the most sustainable materials and will include solar thermal and solar panels and LED lighting with EV charging infrastructure, cycle storage and new landscaping to improve biodiversity.
Construction is expected to start on site in Spring 2023, with completion scheduled for Q4 2023. CBRE, Colliers and DTRE have been retained as letting agents for Bridge Point Croydon
Bridge acquired the factory Lane site in August 2021. Following the launch if its UK operations in November 2020, the firm now has six development sites within the M25 totalling more than 734,000ft2 – in Chadwell Heath, Southall, Barking, Uxbridge, Croydon and Weybridge. Bridge Point Barking, Bridge Point Uxbridge and Bridge Point Southall also achieved planning consent this year.
Bridge is actively pursuing land and development opportunities throughout Greater London, the Southeast, and the West Midlands.
