LogisticsNews

Sterling Capitol and PLP secure logistics site agreement

Sterling Capitol and PLP have entered into an agreement to deliver a 100-acre logistics site in south Leeds.

The development, which will be an extension of Sterling Capitol’s Capitol Park Leeds, by Junction 28 of the M62, has the reported capacity to create 2,000 new and sustainable jobs.

An outline planning application for the site is scheduled to be submitted to Leeds City Council next month.

Capitol Park Leeds currently holds occupiers such as Barratt Homes, Hermes and NHS Shared Business Services.

Mike Heydecke, director of Leeds-based Sterling Capitol, said: “We are absolutely delighted to be working with such an accomplished company as PLP. Their reputation for delivering high-quality and award-winning logistics developments is fully deserved and they are the ideal partner for high-profile projects.

“Our joint skills as developers complement each other perfectly. We have worked hard to prepare the Leeds site for planning and PLP will drive the development forward, building high-spec industrial and logistics units which will attract quality occupiers.”

He added: “The Capitol Park site is a crucially important development for south Leeds, creating much-needed jobs and providing a timely boost to the area’s economy. The success of Capitol Park Leeds, adjacent to this new site, has proved that the location, just by the M62 and close to Yorkshire’s excellent motorway network, is a winner.”

Sterling Capitol said it has also developed Capitol Park Barnsley and Capitol Park Goole, creating over 3,500 jobs.

The company said it is currently working with Strata Homes on the Barnsley West residential and commercial development by Junction 37 of the M1, to create another 3,000 jobs.

Keith Wilson, development director of PLP said: “We are delighted to have entered into an agreement with Sterling Capitol. They have a fantastic reputation for delivering large-scale developments and this partnership approach will give us the opportunity to help bring forward some of the best sites in the region.

“We now look forward to developing our new prime industrial and logistics facilities at Capitol Park Leeds and in keeping with PLP’s sustainability commitment, all new speculative buildings here will be delivered to Carbon Net Zero standard which is already proving a key attraction for occupiers.”

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