Royal London Asset Management Property has secured detailed planning approval for the redevelopment of Atlantic Park.

The 800,000 sq ft industrial and logistics development will be located in Sefton, north of Liverpool, to meet the growing demand within the City Region’s Freeport, and comprises seven units ranging from 43,000 sq ft to 210,000 sq ft.

Matthew Barnes, Senior Asset Manager at Royal London Asset Management Property, said: “To have the opportunity to deliver a high-quality industrial development to this rapidly evolving and strategically important location is exciting for Royal London Asset Management Property.

“Atlantic Park represents a significant strategic investment, bringing high-quality, sustainable logistics and advanced manufacturing space to a market with limited supply and rising occupier ESG standards.”

The seven new industrial units will create space for the employment of up to 1,125 people.

It will be strategically positioned for UK, Irish, and global markets, situated two miles from the Liverpool 2 deep-water container terminal, on the intersection of the M57/M58 motorways.

The future occupiers of Atlantic Park will benefit from sitting within a Customs Zone of Liverpool Freeport, a specific geographic area created by the government to boost economic growth.