The facility may serve as a blueprint for other underground warehousing and logistics developments in high-value urban areas, said BIFA.
The 1.9 million square-foot facility will undergo construction in 2019, with the first area of the park opening in 2020 and the first underground warehouse space available for business use in 2022. The underground portion will encompass a 15-year period of extraction, construction and landscaping activity, said BIFA.
Samantha Smith, senior director at CBRE, one of the property agents for the project, said, “We are thrilled to be involved in such a massively pioneering project that will establish a new concept in the UK for a new resource for urban logistics. Whilst there is a lot of interest in multi-story, multi-level warehousing development, Rectory Farm’s underground approach is exactly right for its location.”
In addition to warehousing and logistics space, the above-ground portion – 110 acres of disused land – will become a large new public park with “recreational space linking local communities” by including “full size grass and all-weather football pitches, hockey and cricket pitches, plus a variety of other facilities alongside fields and tree-lined paths for walking, running and cycling,” said BIFA.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now