DHL Express is to open a new GBP100 million (US$164 million) logistics hub at Manchester's new Airport City after signing a pre-lease agreement with Manchester Airports Group (MAG) for the development of the 3,466-square metre building.
The logistics hub complex will be adjacent to Manchester Airport's existing cargo centre and Junction 6 of the M56 motorway in Greater Manchester, UK. It will be part of the Airport City development, known as the Enterprise Zone, which will take 10-15 years to deliver 46,000 square metres of business space.
DHL is the first business to locate at the Enterprise Zone, which will include offices, manufacturing, hotels, retail, leisure and community facilities, plus a central parkland area, according to UK's Transport Intelligence.
MAG aims for the GBP800 million Airport City to attract inward investment and provide new employment opportunities. When complete, the logistics centre will offer international services and provide the core DHL Service Point offerings of drop-off and collection of goods for delivery overseas, with local businesses and residents benefitting from a parcel drop-off and pick-up point.
Said MAG property chief John Atkins: "The logistics sector is a key growth area and we aim to build on Manchester's status as a major airport for cargo, with the logistics hub at Airport City becoming a catalyst for economic growth in the region."
Said DHL Express's UK and Ireland chief Phil Couchman: "The location of the hub within the Enterprise Zone will support future export opportunities for small businesses in the region, allowing British businesses to get their product to international markets with greater speed and reliability."