Trade City, Hemel Hempstead

Kier acquired the former DuPont premises which covered five acres of land located on the established Maylands Industrial Estate in Hemel Hempstead.

Key facts:
LocationHemel Hempstead
Value£15.7 million

Dacorum Council granted consent for 112,000 sq ft of Trade City units. Following demolition of the redundant DuPont premises, the scheme was developed in a single phase on a speculative basis owing to the strong levels of demand. Supply in the area had been constrained by a lack of development land and vacant secondary accommodation.

The scheme was sold in its entirety to CBRE Investors prior to practical completion.

Kier has since developed a Travelodge hotel with adjoining restaurant facilities at the gateway to the Maylands Industrial Estate. The remainder of this site is available for office and Trade City premises.