Work has started on site at ARK, a new 107,000 sq ft development at Markham Vale, Derbyshire.
The £19m GDV scheme will be delivered by Origin, the UK-focused mid-box industrial and logistics platform formed by HBD, part of Henry Boot, and Feldberg Capital.
Markham Vale is a flagship 200-acre industrial and logistics scheme which was delivered by HBD in joint venture with Derbyshire County Council. An award-winning development, it sits at the heart of the UK motorway network with direct access to the M1 via a dedicated junction, J29a.
It is home to a range of businesses, including advanced manufacturers and logistics providers, with occupiers including Smurfit Westrock, Bilstein Group, Great Bear, Granger International and Sterigenics. More than 2,600 jobs have been created at Markham Vale since work began in 2006.
Henry Boot Construction has been appointed to deliver the four units at ARK, which is expected to complete in Q4 2025.
Vivienne Clements, Executive Director at HBD, said: “Markham Vale is one of the region’s leading I&L locations so it’s positive to be able to deliver further Grade A space, which remains in short supply.
“Like all of our Origin developments, all four units will have market-leading ESG credentials, prioritising sustainability and securing both BREEAM Excellent and EPC A ratings. We look forward to seeing ARK begin to take shape, attracting additional inward investment and creating new jobs.”
Jamie Acheson, Managing Director of Feldberg Capital, said: “Having only just set up the venture in December 2024, the fact that we are already on-site at ARK demonstrates our ambition to rapidly grow Origin into the UK’s leading mid-box industrial and logistics platform.”
The agents for ARK are JLL and CPP.
