Transforming East London... Our Vision for East Plus 2—3
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TRANSFORMING EAST LONDON... OUR VISION FOR EAST PLUS 2—3 An opportunity to create A NEW BUSINESS DESTINATION IN EAST LONDON one of the most sought Beyond Business after business destinations in London. 5 sites across 3 London boroughs: Delivered by the Newham, Barking & Dagenham largest partnership of and Havering its kind in the capital A catalyst for the wider economic The construction of over 1.4 million sq ft ATTRACTING BUSINESS, TALENT AND INVESTMENT TO EAST LONDON regeneration of London Riverside. of high-quality business space will be transformational for the community and Promoting regeneration in East London has the potential to create up to 4,400 is at the heart of our vision for East Plus, FROM direct and 2,600 indirect jobs in a diverse in partnership with the Greater London range of sectors. Authority. 500 to 150,000 SQ FT We have a history of delivering industrial At SEGRO, we have the passion, expertise A range of units attracting diverse occupiers from a variety of sectors, from regeneration programmes across the and knowledge to create one of the most start-ups to established corporations, creating a community of thriving businesses. capital to improve business environments sustainable and attractive industrial zones and create jobs for local communities. in London and the South East, bringing UP TO modern industrial uses and a diversified It’s more than just business, it’s a mix of businesses to the area. commitment to growth and regeneration. 7,000 JOBS 1.4m SQ FT to be created in the local area of built space on 86 ACRES to be delivered over the next 10 years EAST PLUS IN DETAIL 4 —5 D A O E Y R T U A S N E D W R E E A H OAD V R L LE R T L RIPP A T A A S E B E G E H D L O L A G BEAM VALLEY M R O A13 A COUNTRY PARK I V N E H R A S M E R L O A N N A A A E D L 4 0 S R 6 E U Q E H D C A A 1 306 O C R HOA 13 TS ROAD A R E V I R DAGENHAM DOCK A1 TRAIN STATION 306 THAMES ROAD Y JENKINS LANE A13 A W LSIP H R S I V R A E R BARKING REACH POWER STATION M R O 13 A A D BARKING POWER STATION A13 BEAM REACH 6 BEAM REACH 5 CEME D OA R R IVE A13 R 0 2 0 1 NE A LA RIVER THAMES Y R R E F FERRY LANE ALBERT ISLAND 2016 2017 2018 2019 2021 LONDON SUSTAINABLE MAP KEY BEAM REACH 5 JENKINS LANE FERRY LANE LSIP INDUSTRIES PARK BEAM REACH 6 Key regeneration areas Diverse range of businesses, Prominent location and direct access Freehold warehouse Design & Build Creating a sustainably-built park Potential speculative development Landmarks from start-ups through to SMEs to the A13 and A406, appealing opportunities that will attract a range of occupiers of large logistics space Speculative development start dates* and larger corporations to retail occupiers, trade counters, demonstrating green credentials Potential for up to 860 jobs Creating up to 1,560 jobs * Pre lets could result in an earlier development date showrooms and hotels Creating up to 1,700 jobs Creating up to 2,100 jobs Creating up to 780 jobs INNOVATION VILLAGE 500 – 2,000 SQ FT SUSTAINABLE Creating thriving 3,000 – 30,000 SQ FT 10,000 – 150,000 SQ FT INDUSTRIES 5,000 – 10,000 SQ FT business communities 15,000 – 22,000 SQ FT 50,000 – 76,000 SQ FT 2 x 125,000 SQ FT for the future, through 50,000 – 65,000 SQ FT HOTEL/CAR SHOWROOM a diverse development <100,000 SQ FT programme. TOTAL 330,000 SQ FT TOTAL 165,000 SQ FT TOTAL 215,000 SQ FT TOTAL 405,000 SQ FT TOTAL 285,000 SQ FT REGENERATION 6—7 Changing the face of industrial in East London, to help transform the lives of local people. A growing population, coupled with the rise in e-commerce sales, continues to drive the demand for industrial space. The development of East London provides the perfect opportunity to respond to the needs of London and create a destination for businesses to thrive. To support businesses growth, SEGRO will deliver some of the most highly sustainable industrial space in East London. All SEGRO developments in London meet the London Plan’s sustainable design and construction methods as a minimum. Through the construction of the East Plus portfolio, we will strive to exceed these requirements with the aspiration of moving towards delivering carbon neutral industrial buildings. We were the first industrial developer to produce a BREEAM ‘Outstanding’ building in London. We also have numerous other buildings achieving ‘Excellent’ status. Computer generated image of Beam Reach 5 In line with the ‘SEGRO 2020’ sustainability strategy, each development site will strive to improve the energy efficiency beyond the industry norm. INFRASTRUCTURE IMPROVEMENTS including better footpaths, cycling routes and improved public transport OVER 95 YEARS experience delivering high-specification industrial properties that are built for the long term Computer generated image of Units 1 & 2 Beam Reach 5 Computer generated image of the entrance of Beam Reach 5 COMMUNITY IMPACT 8 —9 Maximising training and SEGRO will sponsor SEGRO will fund employment opportunities 1,000 £300,000 to support grassroots community projects, will be an integral part of STUDENTS delivering employability training for local residents through the prestigious CEME the regeneration. Gateway to Skills programme SKILLS, TRAINING & EMPLOYMENT We will implement a proactive engagement programme WE WILL ENHANCE SKILLS AND to build a strong and effective relationship with key local EMPLOYMENT THROUGH: stakeholders. These stakeholders will play a vital role in working with us to deliver our skills and employment plan SECTOR TRAINING PRE-EMPLOYMENT to ensure that we maximise the benefits for the community RAISING ASPIRATIONS WORK EXPERIENCE PROGRAMMES TRAINING and local economy. The regeneration of East Plus provides an ideal opportunity to transform the lives of local people through increasing employment opportunities, encouraging business growth and investment and tackling economic disadvantage. SITE VISITS INDUSTRY TALKS BUSINESS SUPPORT The skills and employment strategy will support the Mayor’s London Riverside and London Plan objectives by: — Creating up to 4,400 direct job opportunities for local residents — Upskilling the local workforce DURING CONSTRUCTION OPERATIONAL EMPLOYMENT — Providing support services to small businesses on Beam Reach 5 4,400 — Inspiring up to 1,000 young people UP TO UP TO to consider a career in STEM 500 JOBS 7,000 job opportunities DIRECT employment opportunities — Launching a £300,000 fund to across a range of support grassroots community projects occupation types direct employment opportunities 2,600 300 within the construction sector 1.4M SQ FT of employment space INDIRECT indirect employment opportunities 200 across a range of supporting industries DEVELOPER & LANDLORD OF CHOICE 10 —11 With over 95 years experience “ THE FACILITY IS PURPOSE BUILT AND of creating industrial space to WILL ALLOW US TO SUPPORT THE support business growth, SEGRO CURRENT AND FUTURE DEMANDS ON THE NETWORK CREATED BY THE SIGNIFICANT has the knowledge, resources GROWTH AMBITIONS WE HAVE.” and expertise to deliver an Mark Robinson, John Lewis exciting vision for the area. Origin, Park Royal 77% SEGRO’s London portfolio extends to over 11 million sq ft of CREATING THE SPACE THAT light industrial and logistics space, which is home to 450 ENABLES EXTRAORDINARY customers across core markets including Park Royal, Heathrow OF OUR OCCUPIERS and North London. THINGS TO HAPPEN RATE THEIR The continued delivery of industrial and logistics space is critical SATISFACTION WITH if London is to meet the current and future needs of its businesses LONG-TERM SEGRO AS GOOD and residents. INVESTOR AND PARTNER OR EXCELLENT. Selected by the GLA as the chosen Customer Satisfaction development partner for East Plus AGILITY & FLEXIBILITY Survey 2015 Our Design & Build offering gives our customers the ability to meet the ever-changing demands of their businesses, while COMMITTED TO our speculatively-built offering provides Grade A space that is CUSTOMER CARE built for the long term. Almost a century of supporting We have a flexible approach to design, from single warehouses our customers’ growth - with some to multi-let industrial estates based in the best locations around working with us since the beginning the UK and more specifically, London and the South East. SURPASSED DEVELOPER OF CHOICE SPECIFICATION “ SEGRO is synonymous with long-term investment and quality Delivering high-specification industrial developments. We pride ourselves on delivering high-specification SEGRO HAS BEEN AN properties that are built for the long term industrial space and, above all, we enable our customers to stay INTEGRAL PART OF OUR ahead of the curve to future-proof their businesses. SUCCESSFUL EXPANSION AS A BUSINESS OVER THE TRACK RECORD PAST 20 YEARS. THEY SEGRO’s development team have successfully delivered FROM SMALL TO LARGE BUSINESS SPACE HAVE SUPPORTED US nearly 10 million sq ft in the last four years across Europe. THROUGH OUR GROWTH LIGHT TRADE INDUSTRIAL COUNTERS YEARS, BEING FLEXIBLE A STRONG PARTNERSHIP IN ACCOMMODATING OUR Working in close collaboration with our occupiers, we have EVER-INCREASING NEED developed a customer-centric philosophy that has resulted in URBAN BUSINESS Design & Build transactions with internationally recognised brands LOGISTICS SPACE FOR SPACE, CULMINATING such as John Lewis, DB Schenker, DHL Express and Bidvest. IN A BESPOKE FACILITY REGIONAL DATA DESIGNED AROUND OUR & NATIONAL CENTRES DISTRIBUTION REQUIREMENTS.” CENTRES Mike Perks, KARL STORZ (UK) Ltd Thames Valley About SEGRO SEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, asset manager and developer of modern warehousing and light industrial property.