CASE STUDIES

Hertford Logistics Hub,
Hertford, Hertfordshire

Location

Hertford, Hertfordshire

Hertford Logistics Hub is a brownfield redevelopment of the former Caxton Hill/Hertford Industrial Estate regenerating the estate into an industry leading, sustainable, last mile logistics hub.

Various parcels of land were acquired during 2021/22 as “off market” transactions on behalf of Blackrock with Padrock as development partner.

At purchase, the site comprised a mix of 1940/50s and 1980s units which were in a poor state of repair and as a result, the estate was only, 40% occupied. The site had a checkered past with various historic redevelopment proposals receiving significant local objections only to be refused at planning committee; but the site’s location and proximity to the A10 and direct access onto the A414 offered an unrivalled opportunity for a last mile logistics development.

The scheme is being developed in two phases, Phase One is the refurbishment of two 1980s units to create seven 5,800-9,500sqft units with a total footprint of 54,000sqft; and Phase Two being the demolition and redevelopment of the 1940/50s units to create nine brand new 6,600-120,000sqft units with a total footprint of 170,000sqft.

Sustainability and ESG have been at for forefront of the scheme focussing on net carbon in construction and integrating renewable technologies into the buildings including PV cells and EV charging.

Mental and physical wellbeing of occupiers has also been a key consideration. The site had very limited green areas but the development will incorporate designated welfare areas with “pocket park” and a 42% bio-diversity net gain.

Phase One is underway with the first three units being delivered in June 2023. These units will provide 6,500-9,100sqft of small box space.

Demolition of phase two is complete; and after the planning application received unanimous approval at the April planning committee, construction is due to commence mid-July 2023 targeting BREEAM ‘Excellent’/ EPC A.