DP World has unveiled details of the 375,000 sq ft common user cargo facility at its London Gateway Logistics Park on the day Marks & Spencer pulled out of a 900,000 sq ft deal (see separate story).
Buckingham Group has been awarded the contract to build the Common User Facility (CUF) which will be ready in early 2015.
The 375,000 sq ft multi-purpose specialist cargo handling centre will be built in two phases and will be fully integrated with the new deep-sea container port DP World London Gateway.
DP World London Gateway CEO Simon Moore said: “Discussions with leading retailers confirm that many have a substantial proportion of their UK store footprint within 50 miles of London Gateway where the combination of population density, high disposable income and consumer spend drives a significant percentage of UK sales. The potential supply chain cost savings in terms of primary and secondary distribution for occupiers of the London Gateway Logistics Park are compelling.”
Marks & Spencer's decision prompted DP World to publish endorsements from other retailers. Its statement quoted Arcadia’s Martin Jones, head of global logistics, saying: “The offering at London Gateway is certainly of interest,” and B&Q’s head of international supply chain, Dean Hawkridge, praising the port's all-weather capacity.
It is not known whether either retailer is contemplating a move to the 9.25m sq ft logistics park.