Spring completion predicted as works begin on "exciting" Monks Cross business park

Work has begun on the construction of a new industrial and warehouse business park in the centre of York.

The MX Park, in Monks Cross, is being developed by Tonsley Investments, which has started work on the park this week.

The park will span 30,000 sq ft and will feature eleven ‘hi-spec’ industrial units, which are expected to be completed in spring next year.

On completion, the park is predicted to create up to 40 new sustainable jobs.

James Dodwell of Tonsley Investments commented: “This is an exciting project in many ways.

“We acquired the site with Go Store Self Storage and have since formed a joint venture to develop and operate a portfolio of Self Store units with Go Store, with their first being at Monks Cross.

“At the same time we hope MX Park will be the first in a pipeline of industrial developments for us, as it represents an exciting addition to our existing portfolio.”

Richard Flanagan of York property consultancy Flanagan James, which is advising Tonsley Investments, said: “There is a shortage in York of well-located, high-quality, industrial/warehouse units such as those being provided at the new MX Park.

“Experience has shown us that these types of units appeal to a wide range of businesses due to their flexible nature and the ability to install mezzanine floors.

“In fact, we are already dealing with a number of enquiries and I am confident that we will have agreed terms with a number of occupiers prior to completion in spring next year.

“Monks Cross has been one of the most successful out-of-town developments in North Yorkshire over the past 20 years, with a superb mix of office, industrial, retail and leisure facilities, including the brand-new LNER Community Stadium and the prestigious Monks Cross Retail Park.”

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