Welspun One and WTCA Urban Warehousing Facility in Thane : Mumbai Metropolitan Region Set to Welcome India’s Tallest Mixed-Use Warehousing Hub
Welspun One Logistics Parks, a subsidiary of the $5 billion Welspun World, has partnered with the World Trade Centers Association (WTCA) to develop a state-of-the-art mixed-use urban warehousing facility in Wagle Estate, Thane. The ambitious project, valued at over Rs 800 crore, aims to revolutionize urban logistics by integrating retail, office spaces, food and beverage outlets, and an experience center under one roof.
Welspun One and WTCA Urban Warehousing Facility in Thane : Key Highlights of the Project
- Scale and Scope:
The project will span 1 million sq. ft. and is set to become India’s tallest Grade-A urban distribution center (UDC), boasting 14 levels with floor-to-floor heights of 4.2–4.5 meters. - Strategic Location:
Positioned in Wagle Estate, Thane, the facility will offer businesses access to 50% of Mumbai’s households within 30 minutes and connect to 10 million sq. ft. of commercial spaces across the MMR. - Integrated Features:
- Lower floors: Retail and F&B outlets.
- Upper levels: Premium office spaces and an experience center.
- Advanced leasing: Three floors pre-leased; 35% of total space in advanced leasing discussions.
- Technological and Branding Partnership:
Welspun One will oversee construction and development, while WTCA will provide technological expertise and global branding.
Welspun One and WTCA Urban Warehousing Facility in Thane : Addressing Modern Warehousing Demands
The rise of quick commerce and the growing need for micro-fulfillment centers have created a demand for advanced warehousing solutions. This facility will act as a supply chain, retail distribution, and business park hub for businesses aiming to stay competitive in today’s fast-paced market.
Welspun One Managing Director Anshul Singhal emphasized the project’s innovative approach:
“With WTC Thane, we are setting a new benchmark for integrated and sustainable urban logistics, enabling businesses to stay ahead in supply chain dynamics.”
A Step Towards Sustainable Development
The project aligns with Welspun One’s focus on sustainable infrastructure, utilizing cutting-edge technology to optimize energy efficiency and reduce carbon footprints.
Recent Developments by Welspun One
The announcement follows Welspun One’s commitment to investing Rs 2,700 crore in developing India’s largest single-location Grade-A warehousing and industrial park on a 55-acre site at the Jawaharlal Nehru Port Authority (JNPA) special economic zone in Navi Mumbai.
FAQs Welspun One and WTCA Urban Warehousing Facility in Thane .
1. What is the significance of this facility?
The facility combines warehousing, retail, and premium office spaces, offering businesses a one-stop solution for urban logistics and distribution.
2. How does the location benefit businesses?
Located in Thane, the facility offers seamless connectivity to Mumbai households and commercial spaces, ensuring efficient supply chain operations.
3. What industries can leverage this facility?
Quick commerce, retail, e-commerce, and logistics businesses will find the facility ideal for addressing just-in-time delivery and micro-fulfillment needs.
4. How sustainable is the project?
Welspun One integrates advanced energy-efficient designs and sustainable practices into the project, reducing its environmental impact.
5. What is WTCA’s role in the project?
WTCA is providing technological and branding expertise, helping to position the facility as a globally recognized logistics hub.