Former water treatment works site sold for redevelopment
The former North Bierley Water Treatment Works site in West Yorkshire has been sold to developers Opus North for an undisclosed sum.
The 57-acre site was sold by Keyland Developments, which is the property trading arm of Kelda Group and sister company to Yorkshire Water.
Keyland secured planning consent last year from Kirklees Council to regenerate the site, which has been redundant for almost 20 years, into a major commercial development of circa 400,000 square foot of industrial space which could deliver some 800 new jobs.
The site is located in a strategic position at the major intersection of the M62 Transpennine motorway and M606 Bradford link and was launched to market at the end of last year by Dove Haigh Phillips.
Opus North will be appointing a contractor at North Bierley in the forthcoming months with work set to commence on site in the new year.
The delivery of the new scheme, which will be branded as Interchange 26, is expected in 2021.
“The sale of the North Bierley site will make significant headway in providing new industrial accommodation and employment opportunities in a region that is currently experiencing severe shortages,” said Keyland Developments managing director, Peter Garrett.
“The delivery of a major employment scheme, as facilitated by the planning consent, will also help to support businesses in the local area and bring about new jobs. Unlocking strategic, dormant land such as this across Yorkshire is critical to the region’s economic success and we are excited to see Opus North realise the wider vision for this important site.”
The managing director of Opus North, Andrew Duncan added: “The acquisition of this key site forms part of our wider aspirations within the logistics sector where we see strong opportunities to deliver schemes of excellence to address the chronic shortages of high quality industrial and logistics space. This is an immediately deliverable opportunity for us, and we are already in discussions with potential occupiers for the first unit at Interchange 26, which will be underway towards the start of next year.”
Pictured are Ryan Unsworth (Opus North) and Peter Garrett (Keyland Developments).
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