UK Coal has opted for a second distribution scheme on surplus land it owns as it off loads more than 60 brown field regeneration sites as part of its new property strategy.
This site is one of a number identified by UK Coal for redevelopment. In an announcement in November last year the company revealed development opportunities for more than 25m sq ft of commercial space and 14,000 homes across its 49,500 acre estate.
Harworth Estates, the property division of UK Coal has selected Legal & General and Graftongate Developments as development partners for a large-scale distribution park and industrial development at Ellistown, Leicestershire.
The project covering an initial 28 acres will be undertaken in two phases. The first phase will feature a single eco design distribution warehouse facility of in excess of 250,000 sq ft on part of this disused coal transfer station.
The second phase will deliver a range of smaller units at the front of the site to offer modern accommodation to local occupiers to maintain and enhance manufacturing and distribution jobs in this corner of the East Midlands.
The project is expected to create up to 400 jobs. Construction of the first phase building is anticipated to commence early Summer.
Earlier this year UK Coal entered a joint venture with Gazeley to build a 1 million sq ft scheme on the 86-acre former haulage and depot site at Ashby-de-la-Zouch Leicestershire.
UK Coal has also been given permission to develop a 60-acre business park at Waverley, South Yorkshire, by Rotherham Metropolitan Borough Council.