CubeCold, the international temperature-controlled logistics provider, has received planning permission to redevelop New Aquitaine House, West Berkshire, into a new UK headquarters for its acquisition Pulleyn Properties.
CubeCold’s UK operations have been delivered through Pulleyn since it was acquired two years ago. The Reading-based logistics company serves sectors such as medical, pharmaceuticals, NHS public health, frozen food and fine art.
Construction on the new 10,155m2 facility is underway and will feature extended warehouse and office space, enabling CubeCold to expand its operations and meet growing demand. Additional upgrades will include new access routes, landscaping, car parking and recladding of retained structures to modernize the site.
CubeCold says the development will generate significant economic growth in the region, both during the construction phase and once operational. Over the 46-week construction period, the project is expected to create 155 jobs and contribute £24.5m (US$32.9m). The new facility will host up to 145 permanent roles at the site and generate an additional 40 spin-off jobs in the local economy, contributing £10.3m (US$13.85m) annually.
To meet environmental and sustainability goals, the development will target a BREEAM rating of ‘Excellent’ for its environmental performance and a Biodiversity Net Gain (BNG) of over 17%.
Nick Kirby, planning director at Lichfields, said, “We are delighted to have secured planning permission for CubeCold’s much-needed expansion into New Aquitaine House, which will bring a vacant building into use alongside substantial economic and operational benefits to the local community and broader region. We’re proud to have played a key role in enabling CubeCold to increase their capacity for growth in the Thames Valley.”
In related news, FedEx opened a new freight facility at East Midlands Airport, UK