A £100m warehouse and logistics development has been launched in Manchester by Icon Industrial, a strategic joint venture formed by Stoford Developments and TPG Real Estate.

The development, known as Icon Manchester Airport, is a build to suit logistics/warehouse development with outline planning consent for circa 1 million sq ft, capable of delivering units from 100,000 sq ft to 700,000 sq ft on the 45-acre, fully serviced site.

Dan Gallagher, joint managing director of Stoford Developments, said: “This is a landmark development for Icon Industrial. It marks the exciting first development for the joint venture and also presents potential occupiers with an excellent opportunity to have a unit built to their specific requirements in a first-class location at the very heart of the Northern Powerhouse.

“The connectivity it offers future occupiers makes it a hugely significant site in what is already a rapidly expanding logistics area at Airport City.”

The site sits within the Manchester Enterprise Zone, which enables occupiers to benefit from a business rates discount, super fast broadband, fast track delivery via a streamlined planning process, and enhanced capital allowances. It also provides excellent connectivity with junction 6 of the M56 immediately accessible, as well as Manchester Airport and the Greater Manchester region.
Icon Industrial acquired the brownfield site from Airport City Manchester Joint Venture in July 2017.