Construction to begin on sustainable logistics scheme in Bracknell

6th February 2024

Bridges and Barwood have secured planning consent to build a new 50,000 sq.ft highly sustainable logistics development in Bracknell, Berkshire.

Bridges and partner Barwood Capital are delighted to have received the green light to construct a single, 52,097 sq ft, industrial and logistics building in Bracknell, Berkshire.

Now with detailed planning consent from Bracknell Forest Council secured, the scheme – ‘ECO52’ – will be situated on a 3.2 acre site in Bracknell that previously housed the John Nike Leisure Centre. Demolition and site preparation work has already been undertaken.

ECO52 will deliver much-needed logistics space to the area. It is strategically located on the A329(M) between Bracknell and Reading, just five minutes from Junction 10 of the M4 motorway and ten minutes from Junction 3 of the M3.

The development will boast market-leading ESG credentials, targeting EPC A+ and BREEAM Excellent ratings and Net Zero in operation.

Henry Pepper, Partner at Bridges, said:
“We know that there is strong demand for highly sustainable logistics space that can help occupiers reduce their operating costs and support their ESG goals. We’re delighted to have the opportunity to revitalise this vacant site with a much-needed industrial development that will create jobs and support local economic growth.”

Adam Smith, Asset Management Director at Barwood, added:
“Bracknell is starved of supply for new Grade-A logistics space and ECO52 is well placed to capitalise on the high level of sustained occupier demand we are seeing. Once delivered, it will present as the only 50k sq ft option available in the area. We look forward to working with Bridges to deliver the scheme.”

Hollis Hockley and Hatch Real Estate are joint agents to the scheme. Planning consent remains subject to final legal sign-off.

For more information, visit: https://eco52bracknell.com.

Related News

View all
4th October 2024

Bridges selected by Fulcrum as partner for Long-Term Asset Fund

Bridges has been selected by Fulcrum Asset Management as a partner for its new Long Term Asset Fund (LTAF) – which is designed to help DC pensions access longer-term investments.

Read more
16th July 2024

Bridges exits community-focused services business Nexgen

In its fourth exit of the year, Bridges is delighted to announce it has agreed to sell the Nexgen Group to Bidvest Noonan, a market-leading provider of facilities services.

Read more
2nd July 2024

Bridges announces leadership evolution ahead of next growth phase

Michele Giddens will now be sole CEO of the firm, with Philip Newborough moving to a new role as Executive Chair.

Read more
27th February 2024

Bridges exits specialist plant-based food supplier Vegetarian Express

We’re delighted to announce our successful exit from Vegetarian Express, the specialist plant-based ingredients supplier, to NVM Private Equity.

Read more