Work is to start this month (February) on the demolition of part of the existing Waalhaven Zuid business park by the Port of Rotterdam Authority to make way for the redevelopment of almost four hectares of the site, which will become part of the Distriport Waalhaven complex being developed by ProDelta Real Estate.
In total the company will develop in two stages, over 32,000 m2 of space for the handling and storage of merchandise. This will involve an investment of around €14m (US$19m), excluding the land. Stage one is expected to be completed by January 2015.
The Waalhaven area has played an important role in the development of the port for about 100 years and is still of great economic value; it was revitalised in the 1990s. Due to its position within the Rotterdam ring and its good access, it is an attractive location for port-related business.