Hundreds of jobs to be created by huge new urban development in Milton Keynes
Building work has begun on a 200,000 sq ft, urban logistics development in Milton Keynes, which is set to create hundreds of new jobs.
The new Axis Park development will be based on Blackhill Drive in the Wolverton Mill employment area. It’s expected to be completed by November this year.
The new Axis Park development is based on Blackhill Drive in the Wolverton Mill employment area, and is expected to be completed by November this year.
Located four miles north of Milton Keynes city centre, Axis Park benefits from well-connected transport links and is close to the A5 and M1.
Neighbouring occupiers include, sports car brand Aston Martin, engineering and logistics company CTDI, microelectronics business API and Technologies and toy manufacturer Funrise International.
A joint venture (JV) between developer Chancerygate and global real assets investment management firm CBRE Investment Management (CBRE IM) is delivering the project.
All of its properties will target BREEAM Outstanding certification and an EPC A+ rating as a minimum - the highest sustainability and energy efficiency grades available in property.
They will feature EV charging points along with solar cells to provide green energy to occupiers. The units will be made from high-performance building materials to reduce CO2 emissions.
Chancerygate senior development director, George Dickens, said: “Starting on site at Axis Park is an important milestone for this project and for our joint venture with CBRE IM.
“Milton Keynes continues to see strong occupier demand for high quality Grade A urban logistics space. Axis Park will provide sustainable, well-connected accommodation that supports business growth and job creation across the area.”