St. Modwen Logistics, one of the UK’s leading industrial and logistics developers and managers, has completed four new logistics units totalling 202,000 sq ft at St. Modwen Park Derby. An additional 147,000 sq ft pre-let unit is also due to be completed this Spring as part of this second phase of development.
This latest c.£60 million phase of the Park’s development adds to the existing first phase of 300,000 sq ft completed at the Park. The four new units, ranging in size from 27,000-82,000 sq ft, have been built to St. Modwen Logistics’ ‘Swan Standard’ of sustainable construction, achieving BREEAM ‘Excellent’ accreditation and an EPC A+ rating.
The versatile buildings, which are ready for immediate occupation, will not only support occupiers’ growth in the area but will also help manage their operational energy costs through sustainable measures including enhanced rooftop solar panels. St. Modwen Logistics has also strengthened biodiversity at the Park through the creation of a new riverside nature corridor. The first phase of development saw 17,000 trees and shrubs planted, with a further 11,167 trees and shrubs being successfully planted in this latest phase.
St. Modwen Logistics has already secured a diverse mix of occupiers at St. Modwen Park Derby. German heat pump manufacturer Vaillant occupies a 131,000 sq ft unit, whilst Swedish medical technology company Getinge has also established a new Global Centre of Excellence for Chemistry within a 79,000 sqft building which also acts as its UK headquarters. In October 2023, St. Modwen Logistics also announced that it has leased a c.40,000 sq ft unit to global automotive company Kia for use as a cutting-edge new training academy for the next generation of Kia employees.
St. Modwen Park Derby is located adjacent to the A52, with Derby City Centre accessible in under five minutes by road. The nearby Junction 25 of the M1 also gives occupiers access to significant national road networks, including access to Sheffield and Leicester in under an hour.
