- 13 August 2019
- Transport / Logistics Services
Though no official announcement has been made it has become known that Amazon is about to occupy a new 574,000 square foot unit in Milton Keynes.
Internet job ads state that there are to be opportunities at a ‘brand new Amazon site’ that is based in ‘Milton Keynes, MK17 8EW’ that happens to be the exact postcode for the new site.
Industry observers say that the deal for Amazon to take over the new site was agreed in March this year for a 20-year lease from the developers Gazeley who built the site speculatively. It is believed the lease is to be worth around £7 per square foot.
The new Amazon site has over 532,000 square feet of warehousing space, 27,000 square feet of office space. It has 100 HGV parking spaces.
Development director Joe Garwood said of the site that is called Altitude: “Altitude brings together a combination of innovation, technology, efficiency, sustainability and intelligent logistical thinking from some of the most experienced figures in the business to create a building that sets a new benchmark for the industry.”
The building is set to exceed sustainability regulations with LED lighting and a solar array on the roof that could save 1,300 tonnes of CO2 emissions per year.
Amazon has been investing heavily in UK operations despite the economic uncertainty that affects the nation. This move is one of many such recent investments as the online retailer and logistics operator seems to be betting on the longer term health of the UK economy.