HBD Receives Planning Approval for £37 Million Industrial Development in Lancashire

HBD, a subsidiary of Henry Boot, has received planning approval for TWO45, a substantial £37 million industrial scheme set to be developed on a 10-acre site in Lancashire. Acquired by HBD in 2021, the project underscores HBD’s commitment to driving industrial regeneration and expanding industrial infrastructure within the region.

TWO45 will deliver 245,000 sq ft of prime industrial and logistics space, marking an important step in HBD’s long-term vision for economic growth in Lancashire. This project aligns with HBD’s broader strategy of regional investment, aiming to create modern facilities that meet the evolving demands of the industrial sector.

With planning permission now secured, HBD is preparing to enter the construction phase, targeting a start date in the latter half of 2025. This strategic timeline allows for comprehensive preparation to meet market needs, ensuring the development aligns with both local requirements and industry trends.

The TWO45 project is part of HBD’s active expansion across the UK, as demonstrated by recent projects like the Colloco development in Manchester’s St John’s District, which will feature a 200,000 sq ft net zero carbon office space. Through such developments, HBD continues to shape the UK’s commercial landscape by investing in projects that foster both economic and environmental sustainability.

The Lancashire industrial scheme promises to provide state-of-the-art industrial and logistics facilities, potentially attracting businesses to the area and supporting local job creation. This investment is set to deliver a modern space that accommodates the growth of industrial operations in Lancashire, contributing to the local economy’s resilience and development.

HBD, part of the Henry Boot Group, is a leading developer specialising in delivering high-quality office, industrial, and residential spaces throughout the UK. Known for their sustainable approach and commitment to regional growth, HBD is dedicated to creating spaces that support local communities and foster economic regeneration.