Insight 45 - Magazine - Page 38
Pigeon breaks ground at
landmark Cheshunt project
D
evelopment has commenced
at Pigeon’s MAX50 scheme in
Cheshunt, with a pre-let secured
for the 50,000 sq ft industrial warehouse
and office space situated close to the M25
at Waltham Cross.
A ground breaking ceremony saw Lewis
Cocking MP, Council Leader Mark MillsBishop and other senior local leaders
formally launch the construction phase.
Cheshunt MAX50 is adjacent to Google’s
first UK data centre, on Theobalds
Business Park, a new Council-owned
business park in Cheshunt. It is being
constructed to high sustainable
standards, targeting BREEAM Very Good
and EPC A – Net Zero Ready for the future
occupier.
Following significant interest through
early marketing, the site is pre-let to
Stephen James Group, a well-established
and authorised BMW and MINI automotive
retailer headquartered in nearby
Enfield. MAX50 will deliver a brand
new purpose-built facility for Stephen
James to continue their commitment to
contributing to local employment and
skill development.
Cambridge-based contractor, Barnack
Estates, has been appointed as main
contractor for the works.
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Hugh French, Development Director at
Pigeon, commented: “It is a testament to
the significance of the development that
senior local leaders have joined us to
break ground down at Cheshunt MAX50.
“This is such an important site for local
and regional economic growth and we
are looking forward to delivering it with
our team”
Social impact specialists Meeting Place
worked with Pigeon to establish that
the development will generate over
£4.0m in social impact, predominantly
through the provision of local jobs and
environmental commitments.
Pigeon is the largest land promoter in
the East of England, currently promoting
over 21,000 homes and 8,500,000 sq ft
of commercial space for development.
Its in-house investment team also owns
and manages over £100m of incomegenerating commercial assets including
the 165-acre Twinwoods Business Park
north of Bedford and Broadland Gate, a
48-acre business park on the outskirts of
Norwich.
Pigeon acquired the Cheshunt MAX50
development site from STX in 2022.
Hugh said: “Beyond Cheshunt and
amongst other projects, we are also in
the process of unlocking development at
bIZ4BIZ INSIGHT MAGAZINE | JUNE 2025
Junction 56, a brand new pre-let 230,000
sq ft industrial and logistics park on the
edge of Ipswich at the A14, within easy
reach of Felixstowe Port.”
Peter Williams, Chief Financial Officer at
Hedin UK on behalf of Stephen James,
said: “”Breaking ground on our new
aftersales facility marks the beginning of
an exciting chapter for us. This state-ofthe-art centre will elevate our service
capabilities, ensuring we meet and exceed
our customers’ expectations. The future is
bright, and we can’t wait to see what we
achieve together!”
Cllr Mark Mills-Bishop was pleased
to commence the development and
remarked: “I am delighted to welcome
this development to the Borough. This,
along with the Google data centre
under construction and the Theobalds
Enterprise Centre for start-up and small to
medium enterprises, is another important
element in cementing Theobalds Business
Park as a key part of the economic growth
corridor being created along the southern
A10 in Broxbourne.”
