St. Modwen Logistics completes four new warehouses in Newport as it aims to support growing businesses

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Category: News

St. Modwen Logistics, one of the UK’s leading logistics developers and managers, today gave a further signal of its confidence in Newport as a home for business growth as it launched four new high-quality, sustainable warehouses at St. Modwen Park Newport.

The buildings, which total 116,000 sq ft, have been developed to meet growing demand from businesses who are looking to expand their operations but have been restricted by a chronic undersupply of space across the region. A 17,000 sq ft warehouse has already been taken by adhesive manufacturer Ureka Global, with three further spaces ranging between 24,000 – 43,000 sq ft available for businesses to occupy immediately.

Developed with sustainability and energy efficiency at front of mind, the quartet of warehouses have all been rated as “Very Good” by BREEAM, the certification body for sustainability in the construction industry, and given an EPC certificate of ‘A’, indicating that significant energy efficiency features have been included in the building to lower usage and, ultimately, costs.

Built in line with St. Modwen’s ‘Swan Standard’ approach to sustainable construction, the buildings feature intelligent and sustainable LED lighting, smart metering and rainwater harvesting. Air source heat pumps are used for heating the office elements of the warehouses and solar (PV) panels on the roofs provide a proportion of the power for each unit, as well as encouraging greener ways of commuting through the inclusion on EV charging points and dedicated cycling routes.

“St. Modwen Park Newport is located in Wales’ fastest-growing city, with nearly half a million economically active people within 30 minutes’ drive time, which underpinned our decision to develop these spaces in Newport. “There is currently an acute shortage of space across the South West and South Wales, yet research last year showed that this region saw the UK’s biggest increase in equity investment among SMEs, making buildings of this size in Newport ideal for growing businesses looking to stay in the area. Newport is also proving to be an attractive for businesses from nearby cities, as we saw recently with Ureka Global. This family-run business from Bristol will join a number of leading businesses who are already at St. Modwen Park Newport and we look forward to welcoming them.”

Mark Snow, Senior Development Director, at St. Modwen Logistics

“After a period of sustained growth, we are incredibly excited to be moving into our new building at St. Modwen Park Newport. Having access to the M4 and wider motorway networks is critical to our business and, having looked at various locations, it quickly became apparent that Newport was the perfect spot for us. “This move will allow us to bring all of our stock under one roof and ensure we are able to continue delivering for our customers to help them out of whichever sticky situation they find themselves in.”

Alex Nunn, Managing Director, Ureka Global

St. Modwen Park Newport is strategically located to provide excellent connectivity to South Wales and South West England, with Junction 23A of the M4 motorway within two miles of the park via Queen’s Way, and Cardiff and Bristol reachable within 12 miles and 30 miles respectively. The estate and surrounding area benefit from the de-tolling of the Severn Bridges, further enhancing its accessibility by road.

The delivery of these warehouses takes St. Modwen Park Newport to c.345,000 sq ft of warehouse space and is already home to the likes of Amazon, Genpower, CAF and Mitel. Phase 4, which comprises an additional 263,000 sq ft of best-in-class logistics space, is due to complete in Summer 2023.

“It’s fantastic to see St. Modwen investing in speculative builds at St. Modwen Park Newport. This reflects the confidence they have in Newport as a city, recognising our fantastic connectivity, availability of workforce, and the great quality of life we can offer. “The fact that the new units have already attracted interest demonstrates this confidence is well placed, and we’d like to welcome Ureka Global to Newport. The new jobs and investment they bring enhances our reputation as a place to come and do business.”

Councilor Jane Mudd, Leader of Newport City Council

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