Construction is now underway on a substantial 223,000 sq ft urban logistics scheme in Leeds, known as T45. The project will feature 23 industrial units ranging in size from 4,450 sq ft to 34,000 sq ft, available for both leasehold and freehold purchase. Once completed, the development is expected to have a gross value of approximately £46.5 million. Situated within the Cross Green industrial area, T45 benefits from a prime location on the A63 East Leeds link road, offering strong transport connections.

The scheme is being delivered by developer Chancerygate in partnership with Bridges Fund Management, a specialist in sustainable and impact investment. Spanning 11.1 acres, the project is set for completion in early 2026. Chancerygate’s development director, Chris Brown, described T45 as the largest multi-let urban logistics scheme of its kind in Leeds in a generation, and the company’s first new-build project in Yorkshire. He highlighted the development’s strong sustainability credentials and excellent connectivity, being less than a mile from the M1, predicting strong demand due to the lack of new industrial space in the city.

Chancerygate, established in 1995, has an extensive portfolio of logistics developments, with 1.16 million sq ft of space either under construction or in the pipeline across multiple locations, including Edinburgh and Croydon. Bridges Fund Management, meanwhile, focuses on investments that drive sustainability and inclusivity, supporting industries such as healthcare, affordable housing, and environmentally friendly logistics. The two firms have a long-standing partnership, having collaborated on various developments for over a decade.

With its strategic location and high sustainability standards, T45 is expected to attract strong interest from businesses within the Leeds City Region. The project is being marketed by joint agents JLL and Carter Towler, who are overseeing leasing and sales inquiries.