MIPIM Puts Wakefield On the Map

11 March 2015

MIPIM 2015 will see Leeds City Region unveil six key "investment-ready" opportunities, including sites in Leeds, Bradford, Huddersfield, Wakefield and York.

The sites have an estimated total value of £2.5bn, with a total of three opportunities being promoted on the M62/M1 corridor here in Wakefield.

Newmarket Lane, a 200-acre site by junction 30 of the M62, has permission for a mixed-use scheme across seven plots. There is currently development on the site, with NewCold building a 200,000 sq ft cold storage plant.

At junction 31 of the M62, Site XL has space for a 480,000 sq ft unit to go alongside Poundworld, HSBC and Asda, while G@Glasshoughton, at Junction 32, has four different sites that can accommodate developments from 5,000 to 100,000 sq ft.

Wakefield can claim to be one of the major northern distribution hubs with DHL, Royal Mail, Next and Warburtons already taking advantage of its prime location at the heart of the UK.

Roger Marsh, chairman of Leeds City Region Enterprise Partnership (LEP), said:

"The scale of commercial investment now in the pipeline in Leeds City Region places us among Europe's top flight for investment-led growth.

"These six opportunities underline the strength of both government and business confidence in our region as an investment-ready location where developers, investors and occupiers can put their growth ambitions into action."