Tuesday, 20 January 2015
Markham Vale Success is Boost for Contractors
An unprecedented year of activity at one of the East Midlands most prominent development sites has helped to boost business for a number of contractors across the north and midlands.
After announcing speculative build activity and five major deals alone in 2014 Henry Boot Developments has appointed six different contractors to build at Markham Vale. To date it has commissioned £30m in construction projects on the regionally significant 200-acre business park.
Markham Vale is a flagship industrial- and distribution-led development undertaken by Henry Boot Developments in a joint venture with Derbyshire County Council.
The site has witnessed very strong interest in the past 12 months resulting in six transactions, with few other comparable schemes in the UK reporting such success.
Over 200,000sq ft is currently under development on the site to make way for a number of new leading occupiers.
Henry Boot Developments adopts a fair strategy when appointing contractors and awards contracts following a rigorous tender process.
Contractors which have successfully completed projects on the site include Caddick Construction, B&K Building Services, Wildgoose Construction, Henry Boot Construction, Brian Quinn Civil Engineering and Kier Construction.
Looking forward into 2015 and beyond, Henry Boot Developments has recently concluded a refreshment of the OJEU process and is pleased to confirm the establishment of new a framework of contractors. These are Bowmer & Kirkland, Buckingham Group, Caddick Construction, GF Tomlinson, Harris Construction Management, Henry Boot Construction, Interserve, Kier Construction, McClaren Construction, Morgan Sindall, Wildgoose Construction and Winvic Construction.
Edward Hutchinson, for Henry Boot Developments said:
Markham Vale is an attractive location for a variety of occupiers which includes specialist distributors and manufacturers and supporting retail and offices requirements.
“The design and specification requirements for each plot vary greatly and it has proved successful for us to appoint contractors able to deliver the most competitive solution for specific occupier requirements."
In the past year Henry Boot has secured deals with Ready Egg Products for a 34,700sq ft food processing plant, Holdsworth Foods 17,900sq ft cold store and Euro Garages complete with Shell petrol station with HGV facilities, a SPAR convenience store, Subway, Greggs and a Starbucks drive-through. It also completed work on site to deliver a new Marstons public house.
In the autumn it secured Gould Alloys for a 50,000sq ft design and build requirement and agreed terms with inspirepac to build a significant new 100,250sq ft production facility
Further deals are in negotiations which could see the East site at full occupation and allow Henry Boot Developments to bring forward plans for development of 80 acres on Markham Vale North.
The developer is encouraging qualifying contractors to tender for future projects.Back