Founded by Jamie Ritblat, who continues to lead the company as chairman today, Delancey Real Estate looks to deliver commercial, environmental and societal outcomes through the carefully curated creation and management of landmark real estate investment funds. This article will look at Greenlight Redditch, a sustainability-led initiative created via a joint venture platform between Delancey Real Estate and Coltham. You can learn more about Delancey Real Estate’s capabilities by viewing the attached PDF.
Greenland Urban’s logistics platform in Redditch has already secured a pre-let to the existing occupier, Honeywell, paving the way for refurbishment and extension of the 66,000-square-foot facility. The Greenland Redditch development will include a further four industrial and logistics units targeting EPC A+ and BREEAM Outstanding ratings. Greenlight Urban has secured a resolution to grant planning permission for redevelopment of the existing manufacturing complex in Redditch, Worcestershire. The embedded video features more information about the town of Redditch and its history.
Plans for Greenlight Redditch include the partial demolition of existing buildings along with the construction of four new units boasting the highest sustainability credentials. The project will see the existing 66,000-square-metre site expanded to cover 126,715 square metres in total, with new units designed to reduce the environmental impact while simultaneously improving energy performance. The attached infographic contains some interesting statistics about sustainable building in the UK.
This inventive retention of the existing building, which is being fully
refurbished, will not only reduce carbon emissions by retaining the structure
of the original building but also see the introduction of air source heat pumps
and photovoltaic panels to reduce reliance on natural gas throughout the
building’s operation.
In addition to benefiting from the project’s strong sustainability
credentials, the units at Greenlight Redditch will feature Category A office
space and cycle parking. Units 1 and 3 will also include balcony space for
employees.
Benefiting from connectivity to the A4023 Coventry Highway and situated
just 15 miles from Birmingham city centre, Greenlight Redditch is a prime
location to accommodate the growing number of innovative businesses springing
up across the West Midlands. Mark Enderby, Delancey Real Estate’s director of development,
said that the company was thrilled to secure Honeywell, a firm dedicated to
driving technological transformation for a sustainable future.
