St. Modwen Logistics, one of the UK’s leading logistics developers and managers, and a Blackstone portfolio company, has commenced the final phase of activity at St. Modwen Park Burton, which will see the delivery of five high-quality logistics units totalling c. 400,000 sq ft.
Earlier this year, Blackstone announced that from July 2024, St. Modwen Logistics’ portfolio of assets will become part of Indurent, a new pure play UK logistics champion. The business will have more than 200 assets totalling 26 million sq. ft of logistics space.
The buildings at St. Modwen Park Burton range from 38,000 to 175,000 sq ft in size and will be built to St. Modwen Logistics’ industry-leading Swan Standard, a holistic set of guidelines to ensure sustainable construction. All units will be rated BREEAM ‘Excellent’ and will obtain either EPC A or A+ certifications. In addition, each building unit will offer Grade A office accommodation, vehicle charging points and rain water harvesting as standard, whilst units B79 and B173 will come equipped with rooftop solar PV to offset the operational energy usage of the office space.
This most recent phase of development will bring the total space at St. Modwen Park Burton to just under 1 million sq ft, with completion due early next year. Existing customers at the scheme include Hellmann Logistics, London City Bond, Keylite Roof Windows and Supply Technologies. St. Modwen Park Burton is also part of a larger 175-acre mixed-use scheme being delivered by St. Modwen, which includes more than 600 new homes as part of the urban extension to the south of Burton. The development also includes a retail centre as well as a large 160-acre woodland which is accessible to businesses on the park and the local community.
The quality and flexibility of units on offer will support both growing local businesses and blue-chip manufacturing and distribution companies looking to take advantage of the scheme’s fantastic transport links. The scheme offers direct access to the A38, with 90% of the UK population within a four-hour drive. 1,500 jobs will be created at the site, rendering it a key employment hub for the region.
Winvic Construction Ltd is the principal contractor for the scheme, having delivered other high-quality new units at the nearby St. Modwen Park Derby and St. Modwen Park Tamworth. St. Modwen has appointed the Birmingham offices of Knight Frank and Savills to market the units.
