Large logistics development next to Heathrow Airport
Large logistics development next to Heathrow Airport

Large logistics development next to Heathrow Airport

The much-needed new space will be delivered across two units of 200,000 sq ft and 140,000 sq ft, respectively.
RE+D magazine
26.03.2024

Oxford Properties Group (“Oxford”), a leading global real estate investor, asset manager and developer, and Logistics Capital Partners (“LCP”), a best-in-class developer and asset manager of logistics real estate across Europe, have secured planning permission to develop c. 340,000 sq ft of technologically advanced and environmentally sustainable logistics space on a 15-acre brownfield site adjacent to Heathrow Airport.

The much-needed new space will be delivered across two units of 200,000 sq ft and 140,000 sq ft, respectively.

The project has been designed to high sustainability and quality standards, including net zero carbon in construction and operation as well as 15-metre eaves, 50-metre yards and dedicated gatehouses. With an energy rating of EPC A+, Oxford and LCP are also targeting BREEAM Excellent and WELL Gold Standard certification. Located next to Cranebank Natural Reserve, the scheme responds to the needs and wellbeing of modern customers by offering access to parks, water meadows and wildlife.

In addition to construction jobs provided during the demolition and construction phases, once operational between 500 and 1,000 new jobs will be created across diverse roles. The project will also provide local schools and young people with training and apprenticeship opportunities.

Oxford and LCP acquired the site, which is in a prime location immediately adjacent to London Heathrow Airport’s perimeter, in 2020 from British Airways which had been its owner occupier for over 50 years and latterly used it as a training facility.