{"id":30485,"date":"2021-07-06T17:21:19","date_gmt":"2021-07-06T16:21:19","guid":{"rendered":"https:\/\/newsblogsnew.ihbc.org.uk\/?p=30485"},"modified":"2021-07-06T17:21:19","modified_gmt":"2021-07-06T16:21:19","slug":"ihbcs-signpost-to-a-future-warehouses-are-taking-over-the-earth","status":"publish","type":"post","link":"https:\/\/newsblogs.ihbc.org.uk\/?p=30485","title":{"rendered":"IHBC\u2019s signpost to a future: Warehouses are taking over the Earth!"},"content":{"rendered":"

\"\"<\/a>As events like Amazon Prime Day send demand for next-day delivery soaring, speculative warehouse building is taking over vast swathes of land.<\/h3>\n

<\/p>\n

\u2026 the \u2018golden triangle\u2019 \u2026 between Northamptonshire, Tamworth and Nottingham\u2026.expanded to 18.5 million, an extra 715 football fields-worth\u2026<\/span><\/em><\/h2>\n

\u2026 Northamptonshire can\u2019t simply become a giant logistics parking lot\u2026<\/span><\/em><\/h2>\n

WIRED Consulting<\/em> writes:<\/p>\n

If planners have their way, a 40,000 square metre-sized corner of Weekley Hall Wood, part of an ancient forest near Kettering in Northamptonshire, will soon be tarmacked over and replaced with a giant warehouse. The reason? The next-day delivery boom.<\/p>\n

E-commerce now accounts for one in every four pounds spent in the retail sector \u2013 up nine percentage points since May 2019. But all that stuff has to be stored somewhere before it arrives in cardboard boxes at our door. And that somewhere is the \u201cgolden triangle\u201d \u2013 a vast patch of land between Northamptonshire, Tamworth and Nottingham.<\/p>\n

Logistics companies and online retail giants choose the area because it\u2019s possible to get to more than 90 per cent of the UK population within a four-hour drive of anywhere within the triangle. It\u2019s the reason why Asda was the first company to take up residence in what\u2019s now called Magna Park Lutterworth, a 550-acre logistics park with 771,155 square metres of warehouse space, in the late 1980s. Since then, it\u2019s become one of the main logistics hubs in the UK.<\/p>\n

\n
But, as our predilection for online shopping increases, the golden triangle is getting bigger \u2013 not just in the density of warehouse space within the area, but also the area itself. \u201cIt\u2019s spreading north, it\u2019s spreading south, it\u2019s spreading east, and really it\u2019s more of a diamond now,\u201d says Kevin Mofid of Savills, the real estate agency, who monitors warehouse capacity across the UK. The golden triangle \u2013 or diamond \u2013 now stretches down to Milton Keynes, as far east as Peterborough, and touches Derby or even south Yorkshire at its northern tip. Yet while the warehouse space scatters further afield, it\u2019s in its core where the biggest changes are happening.<\/span><\/div>\n<\/div>\n

In 2015, the golden triangle was home to 13.4 million square metres of warehouse space, or just over 1,875 football fields. In a report to be released this week, Savills now believe it has expanded to 18.5 million, an extra 715 football fields-worth. And it\u2019ll expand further. Magna Park Lutterworth has planning permission to expand its warehouse capacity 60 per cent from its current size….<\/p>\n

Demand has also increased because of several supply shocks in recent years….<\/p>\n

And \u2018just-in-case\u2019 means more warehouses in an area already blanketed by the hallmarks of the e-commerce boom…. Davies is a realist \u2013 \u201cclearly they\u2019ve got to store their stuff somewhere,\u201d he says \u2013 but he wants the development to be done in a way that looks after the community and the spaces they use. Northamptonshire can\u2019t simply become a giant logistics parking lot for the rest of the country.<\/p>\n

Read more….<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

As events like Amazon Prime Day send demand for next-day delivery soaring, speculative warehouse building is taking over vast swathes of land.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-30485","post","type-post","status-publish","format-standard","hentry","category-sector-newsblog"],"_links":{"self":[{"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/posts\/30485","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30485"}],"version-history":[{"count":1,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/posts\/30485\/revisions"}],"predecessor-version":[{"id":30487,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/posts\/30485\/revisions\/30487"}],"wp:attachment":[{"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}