St. Modwen Logistics has invested almost £60 million to develop an additional c. 350,000ft² of new warehouse space at St. Modwen Park Derby.
Due for completion in 2024, this next phase will see St Modwen Logistics and Winvic Construction Ltd deliver a new 147,000ft² warehouse which has already been pre-let. Four additional new buildings totalling c. 200,000ft² will also be developed to help meet increased occupier demand for mid-sized industrial and logistics units in the East Midlands.
The quintet of new warehouses will be built to St. Modwen Logistics’ ‘Swan Standard’ for sustainable construction, meaning they will come with BREEAM Excellent and an EPC A+ rating, thereby helping customers to reduce operational costs. All five units will benefit from the installation of rooftop solar panels as standard.
In line with the company’s commitment to sustainable development, it is also strengthening biodiversity at the park through the creation of a new riverside nature corridor, having already planted 17,000 trees and shrubs as part of the first phase of construction.