The Hut Group readies £31m Manchester logistics site
A new £31m development housing The Hut Group’s new 168,000 sq ft warehouse and 104,000 sq ft office space next to Manchester Airport has been approved.
The project will be delivered by Icon Industrial at its 45-acre warehouse and logistics site at the airport, including a new 280,000 sq ft office building at Airport City North.
The venture between Stoford Developments and TPG Real Estate is expected to appoint a main contractor by the end of February.
Matthew Moulding, founder and CEO of The Hut Group, said: “This is an exciting time for THG. Following THG’s acquisition and integration in 2017 of Hangar 7, the UK’s leading content studio, ICON is our next step in expanding the Group’s content production and logistics capabilities dramatically.”
Dan Gallagher, joint managing director of Stoford Developments, said: “We are delighted that THG has chosen ICON as the site for its new logistics and global content creation studio, it is fantastic news for Icon Manchester Airport and for the wider north west region.
“It is the fourth exciting development planned at the site, such has been the demand from potential occupiers keen to relocate to Icon Manchester Airport.
“The remaining land presents potential occupiers with an excellent opportunity to have a unit built to their specific requirements and continues the fulfillment of the Airport City masterplan, expanding and enhancing the logistical facilities on site.”