A 37-acre slice of Manchester’s Airport City has moved a step closer to logistics development.
Developers Stoford and Mountpark are understood to be poised to acquire the site, which could see 1.2m sq ft of new development at the enterprise zone.
Earlier it had been thought that rival developers Canmoor, backed by Legal & General, were favourites to be chosen as developers.
The plot is next to the new 654,000 sq ft Amazon facility, already being developed by Mountpark and Stoford, and a DHL unit of 37,400 sq ft.
The £800m Airport City project is a joint venture between Manchester Airports Group, Carillion, Beijing Construction Engineering Group, and the Greater Manchester Pension Fund.
Manchester Airport is one of the North West’s major economic drivers. Figures published this autumn shows it contributes £1.9bn each year to the North West’s economy, up 28% since 2013 driven by a growth in new routes and long-haul traffic.