ProLogis has decided to review its planning application to develop the former Parkside Colliery at St Helens, Lancashire.
It has asked St Helens Council to put the application for a strategic rail freight terminal on hold until the end of the year. The application was originally submitted in October 2006 to develop over seven million sq ft of distribution warehousing on a 672 hectare site.
Simon Jenkins, first vice president of development for ProLogis said:
“Given the prevailing economic conditions in the United Kingdom, it is wise for ProLogis to consider its options and determine how it wishes to proceed. The viability of the project in its present configuration has to be balanced against today’s market circumstances and in comparison with the marketplace when the project that was conceived over 5 years ago. Our intention has always been to develop an industry leading distribution facility led by a Rail Freight Terminal with the potential of delivering thousands of jobs. We continue to work to achieve an end that is both commercially sound for ProLogis and beneficial for the local community.”
Bob Hepworth, St.Helens Council’s Director of Urban Regeneration and Housing added:
“The Council has worked closely with ProLogis on this application which was scheduled to go to Planning Committee in November. The company has indicated that the review will take two to three months and that we will be kept informed of progress during this period.”
