Segro, the property investment and development firm, has received planning permission from Haringey Council and the Greater London Authority (GLA) to develop a London industrial estate.
The Tottenham site will comprise 190,000 sq ft of logistics space split across eight units ranging from 6,815 sq ft to over 50,000 sq ft.
To be developed with “environmental responsibilities” in mind, the project will use renewable energy sources in an effort to achieve net zero carbon operations.
Moreover, the development aims to achieve “outstanding” BREEAM ratings, with no materials being sent to landfill during construction.
Alan Holland, managing director for Greater London at Segro, said: “Segro Park Tottenham will be a game changer for industrial development and will show what can be done to meet our environmental responsibilities as property developers.
“The increasing demand from our customers and the wider market for space ever closer to the end consumer supports our decision to build this estate speculatively and we’re excited to bring forward this development and the positive impact it will bring to the local employment market and economy.”
The scheme will create 225 jobs, while Segro will also work alongside the borough council to deliver a skills and training programme.
Councillor Gideon Bull of the London Borough of Haringey, claimed that the “high quality sustainable industrial park” will also attract business investment into the local economy.