Gloucester
A 102,000 sq ft distribution warehouse is to be developed by St Modwen on its successful Quedgeley West Business Park, Gloucester, to store Dyson vacuum cleaners.
CM Downton has reached agreement with St Modwen to purchase the building which will amalgamate two of the firm’s existing warehouses in the region. The new warehouse will be built within half a mile of Downton’s head office in Moreton Valance, which employs over 400 staff.
Planning consent has just been granted for the new unit which will be the second large-scale warehouse to be developed on the 32-acre park following the Phase 1, 96,000 sq ft pre-let to Prestoplan completed in October 2006.
A further 120,000 sq ft of largely speculative distribution/industrial space is under construction within Phase 2 with 47,000 sq ft having already been pre-let and 60,000 sq ft due for completion in April. The park is only a quarter of a mile from J12 M5.

Bristol
Work has started on a site on Temple Way that will set it on the road to becoming one of the largest, most state-of-the-art and environmentally-friendly new corporate headquarters schemes in Bristol, catering for up 2,000 staff.
Bank Place, a new 22,000 sq m (240,000 sq ft) flagship office scheme by The Carlyle Group, will bring a level of quality rarely seen outside London. Three times the size of the existing premises, it will be one of the most environmentally sound offices in the city and is located Bristol’s prime office centre, within walking distance of Temple Meads railway station and the city centre.
Demolition of the former Clerical Medical building will take several weeks with construction work due to commence in the early summer. Bank Place will be one of the very few office schemes in the city to be developed speculatively.