HWG Harworth Group Plc

TIDMHWG

RNS Number : 1545T

Harworth Group PLC

13 November 2023

Harworth Group plc

("Harworth" or "the Company")

Planning secured for 800,000 sq. ft Skelton Grange industrial & logistics development

Harworth Group plc, a leading regenerator of land and property for sustainable development and investment, is pleased to announce that it has secured planning approval from Leeds City Council for the development of 800,000 sq. ft of industrial & logistics space at its Skelton Grange site in Leeds.

The 50-acre site is adjacent to Junction 45 of the M1, to the south-east of Leeds city centre. It was formerly the location of the Skelton Grange Power Station and was acquired by Harworth in 2014, with remediation and enabling works commencing shortly after.

In April 2020, Harworth sold 19.5 acres of land at the site to Enfinium for the development of an Energy from Waste facility, which is currently under construction. In August 2021, further plans were approved for the development of a 99-megawatt battery storage facility on a 5.4-acre parcel on the site.

The approved plans would see the development of up to 800,000 sq ft of industrial & logistics space across up to five units, ranging in size from 126,000 sq ft to 202,000 sq ft. The units would be built to Grade A specification, incorporating on-site renewable energy and the highest standards of environmental efficiency. Alongside infrastructure upgrades, the plans include a segregated cycle and pedestrian path that is proposed to connect to the Trans Pennine Trail and Sustrans Route 67, as well as tree and hedge planting and other ecological enhancements.

Lynda Shillaw, Chief Executive of Harworth, commented: "Skelton Grange demonstrates Harworth's unique skillset in identifying and acquiring complex brownfield sites, devising a masterplan that realises their potential and then progressing this through the planning system to unlock value. This development will meet the growing demand for high-specification and well-connected Grade A industrial space across West Yorkshire, in turn supporting jobs and investment for the region. It will also add to Harworth's already extensive consented pipeline, which has a gross development value of around GBP2.4 billion."

For further information

 
 Harworth Group plc 
 Lynda Shillaw (Chief Executive)                 T: +44 (0114) 349 3131 
  Kitty Patmore (Chief Financial Officer)         E: investors@harworthgroup.com 
  Tom Loughran (Head of Investor & Stakeholder 
  Relations) 
 
 FTI Consulting 
 Dido Laurimore                                  T: +44 (0)20 3727 1000 
  Richard Gotla                                   E: Harworth@fticonsulting.com 
  Eve Kirmatzis 
 

About Harworth

Listed on the Premium Segment of the Main Market, Harworth Group plc (LSE: HWG) is a leading sustainable regenerator of land and property for development and investment which owns, develops and manages a portfolio of over 13,000 acres of land on around 100 sites located throughout the North of England and Midlands. The Group specialises in the regeneration of large, complex sites, in particular former industrial sites, into new residential and industrial & logistics developments. Visit www.harworthgroup.com for further information. LEI: 213800R8JSSGK2KPFG21

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