£21 million warehouse will be built near rail station.
A major new warehouse and office space is being built in central Milton Keynes. The development, by urban regeneration specialist builder Keir Group, will be sited close to the city’s railway station.
The environmentally friendly construction will include a green roof and landscaped outdoor amenity spaces, car park spaces with 15 electric vehicle charging points, rooftop photovoltaic solar panels, energy efficient lighting, air source heat pumps and 42 cycle spaces.
Its sustainability credentials will target Net Zero Carbon Standards and BREAAM Excellent and EPC A+ ratings intending to find more than 40% in energy savings and 20% savings in water and embodied energy.
Called ‘Logistics City MK’, the scheme will deliver 112,860 sq. ft. of warehouse space and 12,787 sq. ft. of modern office space on a six-acre site that previously housed a 66,493 sq. ft. warehouse and office block with a car park.
A £21 million loan to build the development has been provided by Puma Property Finance to Kier. It’s hoped the development will be complete by early 2026.
“We are very pleased to be partnering with Puma Property Finance on this exciting logistics development in Milton Keynes,” said Leigh Thomas, group managing director, Kier Property.
“Logistics City MK represents the next generation of sustainable industrial space, and this partnership demonstrates our shared commitment to delivering high-quality, environmentally responsible developments. We look forward to seeing the scheme come to life and building a strong relationship with Puma as we continue to expand our Logistics City portfolio.”
