Work can now commence on a 544,000 sq ft warehousing and logistics unit in Leyland after planning permission was granted and a funding deal agreed.
Connect 6 is expected to bring more 1,000 jobs to the area once complete, and around 600 jobs during construction. The site sits with direct links to M6, M65 and M61 motorway networks and is set to provide for the growing demand for delivery services.
Permission for revised a version of the plans was granted earlier this year and now a funding deal has been completed between Caddick Group, who are the developers, Goldman Sachs Asset Management and Canmoor.
Steve Widdowson, head of Caddick Developments in the North West, said: "Connect 6 is an incredibly exciting scheme and we’re delighted to have investors of the calibre of Goldman Sachs and Canmoor coming on board to take this development forward.
"The deal means we can push ahead with developing out the site and help introduce much-needed capacity into the industrial and logistics market in the North West.”
The building will reach practical completion in July 2023.
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