Market Leads & Opportunities
Work begins on £8m industrial development
Work is underway on an £8m light industrial scheme as part of a major expansion at Thorp Arch Estate near Wetherby.The development will comprise nine light industrial units providing a total of 93,527 sq ft and is expected to be complete in November 2022.Ash Way IV will become the base for about 130 jobs and will comprise three units of 4,000 sq ft; two of 6,000 sq ft, and one each of 10,000 sq ft, 13,000 sq ft, 15,000 sq ft and 31,527 sq ft.Free electricity will be provided through solar photovoltaic panels fitted as standard to the new units, which will be operationally carbon net zero, and are being built for estate owner Patrizia Hanover Property Unit Trust.The new industrial units are being built by Leeds-based Castlehouse Construction, with property and construction consultancy LHL Group of York acting for Patrizia Hanover Property Unit Trust.The first Ash Way scheme was built in 2005 and comprises five units totalling 46,201 sq ft. Phase II followed in 2016 with six units totalling 32, 836 sq ft and Ash Way III was built in 2019 with five units totalling 48,152 sq ft. Occupiers include life sciences company Avacta and Nuffield Health.
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