Developer British Land has received permission for a new last-mile logistics hub in South London.
It will deliver a 140,000 sq ft four-storey logistics scheme on Mandela Way, in Southwark, adding to its 2.9 million sq ft pipeline.
The former Southwark Council car park site is close to the junction of New Kent Road, Old Kent Road and Tower Bridge Road.
The ground floor will accommodate HGVs and other cargo vehicles, while upper floors will be served by lifts.
In line with British Land’s sustainability strategy, the scheme will target a BREEAM “Excellent” rating and use low-carbon building materials.
British Land’s pipeline of urban logistics projects in Greater London currently has a gross development value of £1.3 billion.
Mike Best, head of logistics at British Land, said: “Mandela Way is the latest scheme in our London urban logistics pipeline to receive planning consent following approvals at both Paddington Central and Enfield earlier this year, enabling us to bring forward another high quality logistics project and continue to address the acute undersupply of sustainable, modern warehousing in Greater London.
Adding: “We continue to explore new opportunities to leverage our longstanding investment and development expertise to source and execute acquisitions which unlock opportunities to densify London’s logistics supply.”
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