Tolworth completion & Dublin green light for Bridges logistics

22nd July 2024

Bridges is delighted to have achieved practical completion in Tolworth, Greater London; as well as receiving planning permission to construct its first logistics scheme in Dublin, Ireland.

Bridges, with longstanding partner Chancerygate, is delighted to reach practical completion on its 70,300 sq ft Tolworth urban logistics development, Metroplex Park.

Metroplex Park comprises nine highly sustainable units and has achieved an EPC A+ and BREEAM Excellent rating thanks to a range of features. From dual electric vehicle charge points, air source heat pumps and solar panels, to high-performance insulative construction materials, these will also support it being a net zero carbon for regulated energy scheme.

Located in Red Lion Business Park, the scheme has excellent access to Kingston-upon-Thames and central London, and is 12 miles from Croydon and Heathrow.

Bridges partner, Henry Pepper, commented on the milestone: “With all our logistics developments, our goal is to deliver high-quality, highly sustainable logistics space in great locations that will be attractive to a broad range of occupiers.

“Metroplex Park is a perfect example of that. We’ve been able to develop some of the most sustainable industrial units in the UK, with smart design and on-site renewables that will make them zero carbon in operation. For potential occupiers, many of whom are thinking about their own Net Zero pathway, this means reduced carbon emissions – as well as lower operating costs.”

Bridges and Chancerygate have been working in partnership on projects across the UK for more than a decade. We have recently also received planning consent for our first logistics scheme in Ireland:

Airport Trade Park is a 119,500 sq ft, Grade A urban logistics park on a prime 5-acre site, located on the Swords Road, Santry, Co. Dublin.

The highly sustainable scheme will comprise 14 units ranging from 3,600 sq ft to 22,370 sq ft in size and will be developed speculatively. Units on the site will be available for lease, with construction due to commence in Autumn 2024. Once complete, the scheme will have a projected gross development value of around €40m.

The scheme is targeting LEED Gold accreditation: each unit will benefit from electric vehicle charging points, photovoltaic (PV) panels and air source heat pumps, and will be constructed using high-performance building materials. Roof lights, covering 15 per cent of roofed area, will assist in reducing occupational costs and related CO2 emissions.

Bridges partner, Guy Bowden, said: “We’re delighted that we can now begin construction at this excellent Dublin site. We intend to draw on our experience of working on similar projects in the UK to deliver one of the most sustainable industrial buildings in Ireland, which we believe will be attractive to a range of occupiers looking to reduce their running costs as well as their impact on the planet.”

Related News

View all
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
29th April 2024

Bridges agrees sale of VivaGym in Spain

We’ve completed a successful exit from leading Iberian low-cost fitness operator Viva Gym, which went from 15 gyms to over 100 during our ownership.

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