Up to 500 jobs set to be created at Wakefield commercial property scheme
Up to 500 jobs are set to be created at major Yorkshire commercial property scheme.
Significant building work has been carried out at Panattoni’s Wakefield515 site, despite economic disruption caused by the pandemic.
The steel framework has been installed on one of the largest speculative developments in the North for 10 years.
Caddick Construction, Panattoni's partner for the project, is building the 515,820 sq ft warehouse. The steel framework is now fully formed and cladding is being added.
A spokesman said: "The warehouse facility located at the M62 and A1(M) junction will serve as a key strategic hub, offering access to major cities and ports across the north of England. Manchester, Liverpool, Leeds and the port of Immingham are all within a 90-minute drive of the facility.
"Up to 500 full-time jobs and £5.5 million will be brought into the local economy as an immediate result of Wakefield515’s construction, which is due to be completed by the end of Q2 (the second quarter) of 2021."
Andy Preston, Development Manager for the project, said: “We are pleased to see such good progress on this important development.
"Wakefield515 will not only meet demand for large warehouse facilities along the M62 corridor but also contribute to economic development in the north. Construction work will provide an immediate boost for the area but the building's benefits will be felt long after this phase is complete. We look forward to seeing it take shape.”
Chris Wilson, Commercial Development Director at Caddick Construction, said: “It's exciting to see construction now well underway in Wakefield in such challenging circumstances. Caddick is proud to be working with Panattoni on this landmark project that brings immediate job opportunities and real economic benefits to the region.”
To view progress at the site or to find out more information please visit www.wakefield515.com