Epta Development Corporation (EDC) and development partner Stoford have begun construction of a new Marks & Spencer (M&S) logistics centre at Axis Works, Bristol, on behalf of LondonMetric Property.
The 390,000 sq ft warehouse, forward funded by LondonMetric for £74 million, has been pre-let to M&S on a 20-year lease as part of the retailer’s ongoing investment in its food supply chain. The building is designed to the highest sustainability standards, targeting BREEAM Excellent, EPC A, and low-carbon construction, and will incorporate a range of sustainable features to meet the requirements of all stakeholders.
Winvic has been appointed as the main contractor, with completion scheduled for summer 2026.
Axis Works, a 101-acre site at Central Park in South Gloucestershire, lies within the Avonmouth-Severnside Enterprise Area, a strategically important location for industrial, warehouse, and logistics operations. The site has hybrid consent for approximately 2 million sq ft of new development. Since acquiring the site in 2020, EDC has undertaken extensive pre-development work, including asset recovery, demolition of a former pharmaceutical facility, site raising, utilities servicing, and installation of new drainage infrastructure.
Chris Tsakumis, Principal at EDC, said: "Commencement of vertical construction at Axis Works marks a noteworthy milestone for our inaugural investment into the UK. M&S entrusting our team to deliver a critical piece of supply chain infrastructure for the business is equally rewarding, and is further testament to what Avonmouth offers as a strategically placed distribution hub and highly attractive locale for major capital investment. Delivering this building for M&S and LondonMetric, two widely respected and admired British companies, represents a seminal moment for us and our development partner Stoford at Axis Works."
Dan Gallagher, Joint Managing Director at Stoford, added: "Breaking ground at Axis Works is the result of more than two years of close collaboration with EDC. The project demonstrates confidence in Avonmouth as one of the UK’s most important distribution locations and will provide LondonMetric and M&S with a facility that meets the highest standards of design and sustainability."
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