Co-op said it has agreed terms for a new £45 million distribution depot to be located just off the A1 at Bedfordshire’s Symmetry Park, Biggleswade.
The 661,000 sq. ft. depot is expected to open in early 2022 creating up to 1,200 jobs. Co-op has secured a 20-year lease on the site.
Symmetry Park, Biggleswade, which extends to around 50 acres, was purchased by developer db symmetry in the summer of 2017 and has subsequently been granted detailed planning consent for up to 1 million sq. ft. of logistics space.
Co-op said the new centre will support its continued growth across London, the South and South East as the retailer is on track to open 100 new food stores this year.
Jo Whitfield, Retail CEO, Co-op , said: “This is a vital step in our journey to get closer to our customers’ and their shopping needs by offering the products they want and care about from stores which are closer to where they live.
“The new site will extend capacity across our logistics network. This will help stores to better serve communities and support our ambitious growth plans across London, the South and South East. This is an exciting development, we believe a strong Co-op can create stronger communities and the investment is indicative of both the performance of the Co-op and the delivery of our food strategy.”
Reducing its environmental impact, the new distribution centre will be developed with a number of features including low energy lighting and refrigeration, the ability to harvest rainwater and, working towards a BREEAM Excellent rating, an independent assessment of a building’s environmental, social and economic sustainability performance, the retailer added.