Trebor Developments and Schroders Capital UK Real Estate Fund (SCREF) have secured detailed planning consent to build a 60,000ft2 facility for DPD.
Works will commence on site later this summer, targeting practical completion in Q2 2023.
Revolution Park was launched in Q4 2021 and following a short period of marketing, terms have been agreed with DPD to build a single unit that will absorb the majority of the 10.5-acre site. The state-of-the-art unit will be built to BREEAM ‘Excellent’ standards and will be ‘net zero’ carbon in both construction and operation.
Greg Dalton, Development Manager for Trebor said: “We’re looking forward to pressing on with the redevelopment of the site, and it’s fantastic to be working with Schroders and DPD to deliver this best-in-class asset. Our focus now shifts to delivering the unit on budget and on programme.”