Stoford Developments has started work on 11.6-acre site ICON for online beauty and wellbeing business The Hut Group at Icon Manchester Airport.
The ICON development will provide 168,000 sq ft of logistics and content creation facilities as well as an additional 104,000 sq ft of office space over four floors. This will bring in up to 2,000 new jobs across The Hut Group.
This is an “exciting next step for THG as we continue to expand the Group’s creative content production and logistics capabilities in Manchester,” said THG founder and chief executive Matthew Moulding. “We have experienced staggering global growth over the last few years, but our Northern roots are still incredibly important to us, which is why we are building ICON and our new HQ here. These facilities will bring thousands of additional jobs to the region and will help transform the area surrounding Manchester Airport into a hub for employment and creativity.”
The development is being delivered by Icon Industrial, a strategic joint venture by Stoford Developments and TPG Real Estate, and is expected to be complete July 2020.