St. Modwen Logistics, a leading logistics developer and manager, has delivered on Basingstoke and Deane Borough Council’s aspiration for the regeneration of Viables Business Park, Basingstoke, with an £18.1m investment which saw the property company build 190,000 sq ft of manufacturing space for LevertonHELM – a joint venture between Leverton Lithium and HELM AG.
Leverton Lithium was founded in Basingstoke over 45 years ago, and as LevertonHELM it will occupy the whole of St. Modwen Park Basingstoke, comprising three warehouses and two retail pods, which will be used as staff refectories.
St. Modwen Park Basingstoke investment provides LevertonHELM with the modern and larger space needed to scale up its production and manufacturing of battery grade Lithium chemicals in Europe. It will also provide additional capacity for the growing needs of its global customers, allowing for an expansion of 20kMT (kilo metric tons) of high-quality lithium chemicals.
The deal demonstrates St. Modwen Logistics’ commitment to ensuring businesses have the space they need to grow and prosper in their local area, bringing much-needed investment and jobs. LevertonHELM’s new buildings come with a range of sustainability features as standard including an EPC A rating, rainwater harvesting, EV charging points and PV solar panels.
