Plans in for major Wakefield logistics park
Bridges Fund Management in partnership with Opus North, plan to develop a new logistics park at City Fields, Wakefield, creating a significant boost to the local economy.
The partners have announced the purchase of a 31-acre site, which will be developed into a commercial hub containing 46,500m2 of logistics space. It has been estimated the scheme could generate over 800 new jobs.
Bridges Fund Management Partner Guy Bowden, said: “The City Fields development will allow us to revitalise a previously redundant site and create new jobs for the surrounding area.
“Aiming to incorporate important sustainable features into the design, this development will both benefit occupiers and provide the wider Wakefield community with a high-quality commercial and industrial hub, helping to catalyse local economic growth.”
Ryan Unsworth, Development Director of Opus North, added: “The acquisition of this strategic site continues our strategy of sustained growth in the northern commercial sector. The surrounding area has witnessed a considerable surge in investment and regeneration and the development of this pivotal site will make a further significant economic contribution.”