We have secured planning approval for a 1m sq ft warehouse and logistics development (Subject to Sec 106 agreements), alongside an ecology zone at Wrexham Industrial Estate, signalling a major employment opportunity for the area, creating up to 1,000 jobs.
The development, named Wrexham 1M, will be situated on approximately 25 hectares of land within the Wrexham Industrial Estate. The plans, approved by Wrexham County Borough Council, will see a 29-acre enhanced ecology zone sit alongside 1m sq ft of warehouse and logistics space. Plans include ancillary office space and mezzanine storage, with customisable space to meet occupier requirements.
We will also work alongside the North Wales Wildlife Trust to deliver a new ecology zone on adjacent land, providing enhanced habitats for local wildlife. Across our presence at Wrexham Industrial Estate, around 75 acres of land will now be dedicated to enhanced ecological areas.
The approval of Wrexham 1M further cements our presence as a leading driver of employment in Wrexham, with a total of 2.8m sq ft of commercial space. We have invested more than £136 million at Wrexham Industrial Estate since 2006, with commercial partners generating £50m of economic benefit to the region each year. We are also investing in the local highways network to deliver improvements and fund active travel initiatives. 5MVA of electricity power has been secured for the development.
Wrexham 1M will target a BREEAM Excellent sustainability rating, as well as carbon net zero in construction, in line with the ongoing commitment to deliver modern, high-quality, sustainable developments.
Building work will be led by FI Construction, our construction arm, in collaboration with local education institutions to deliver training and employment opportunities, as part of an ongoing commitment to local social value.
Construction work will start at Wrexham 1M in June 2024, with a programme of ecological improvements and mitigation measures, before breaking ground later this year.
Tim Knowles, Founder and Managing Director of FI Real Estate Management said:
“This latest milestone in Wrexham builds on our long-term strategy to drive employment opportunities in North Wales. We’re committed to ensuring our work delivers real social and economic impact for the community.
“Currently 4000 people are employed by our existing community at Wrexham Industrial Estate and this latest milestone has the potential to create another 1000 jobs for local residents.
“We’re consistently seeing rising demand in Wrexham for high-quality, flexible industrial space that meets occupier sustainability targets, and we’ve already had significant interest in our latest space, Wrexham 1M.”
Enquiries for Wrexham 1M are to be directed to FI Real Estate Management: https://fi-rem.com/contact/
