IM Properties is to speculatively build a new 532,000 sq ft mega shed at Hinckley Park, adjacent to junction 1, M69, in Leicestershire.
Hinckley 532 will be built alongside a 318,254 sq ft £150 million super hub for DPD, which has already committed to the 82-acre employment park and will create Europe’s largest automated parcel depot.
Located on the border of the East and West Midlands, IM Properties believes the new unit will be will be one of the best-located big box warehouses in the region and a rare opportunity to occupy a triple-A unit at the heart of the golden triangle.
Richard Lawrence, development director for IM Properties said: “The Midlands is a consistent performer as connectivity and the ability to deliver becomes a key differentiator in the rapid growth of the e-commerce industry in particular and operators need to be centrally located.
“Hinckley 532 offers immediate access to the motorway network and a large, established workforce, already a draw for DPD, and a big determining factor in our decision to speculatively build the unit.”
As part of IM Properties’ plans for Hinckley Park, up to 450,000 sq ft is also available to B1 and B2 occupiers seeking design and build solutions, delivered by the company’s in-house project delivery teams.