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Second phase of Knowsley’s Alchemy underway

Work on the second phase of Network Space’s Alchemy Business Park scheme in Knowsley is underway.

Caddick Construction has been appointed to build ‘Element’ at the 30-acre employment site fronting the A580.

Work will start on site in June with completion expected in May 2019.

The units will feature large self-contained and segregated yards, offices and car park provision.

The scheme has been supported by a £1.8 million Local Growth Fund grant provided by the Liverpool City Region Combined Regional Authority through its Single Investment Fund.

Stephen Barnes, managing director of development at Network Space, says: “We are delighted to be bringing forward this latest scheme following successful starts elsewhere in the region.

“It is well known that there remains a shortage of industrial warehouse space across the region, especially of this quality.”

Liverpool City Region Metro Mayor Steve Rotheram adds: “Our key role as a combined authority is to create the conditions for economic growth, which will benefit everyone in the city region.

“High quality projects like this, which provide jobs for local people and act as a catalyst for the local economy, are exactly the kind of scheme we are keen to support.”

B8 and CBRE have been appointed as joint agents for the scheme.