West Thamesmead Opportunity Area’s £30m urban logistics scheme

Verdion and L&G’s Industrial Property Investment Fund (IPIF) have been granted planning permission for a £30 million urban logistics scheme within the London Borough of Greenwich’s West Thamesmead Opportunity Area.

LiteHub Greenwich will now be developed speculatively to create a multi-let industrial park ready for occupation from Q4 2027, offering 78,986ft² of new floorspace in six small to mid-box units.

Each unit will range from 5,555ft² to 16,000ft², targeting BREEAM ‘Excellent’ and a EPC ‘A+’ rating through a whole-life carbon focus, high energy performance and resilience, biodiversity positive measures, and supply chain and site social safeguards all form part of the plans.

The 2.6-acre brownfield opportunity is located within an established industrial area on Nathan Way – 5 miles east of the Blackwall and Silvertown Tunnels and 9 miles from the M25 – close to Berkeley Homes and Peabody’s new 1,900-home Lombard Square development.

This story was originally published by Logistics Manager. Read the full story at Logistics Manager →