St. Modwen is continuing to deliver against its growth plans for the East Midlands with a further four industrial and logistics units, scaling more than 123,000 sq ft, at its site in Lincoln.
Steelworks have been erected on the new speculative units – ranging from 16,000 sq ft to 52,000 sq ft – and construction is expected to be completed by July 2021.
Build to suit opportunities will also be available across the remainder of the site up to 410,000 sq ft.
St. Modwen’s latest builds form part of the third phase of development at the popular 70-acre site, which is already home to occupiers such as DHL Parcel (UK) Limited, Deutsche Post DHL, NIC Ice, and George H Kime & Co Ltd.
Planning application for phases four to seven have also been submitted, which will see St. Modwen deliver an additional 460,463 sq ft of warehouse space at the site.
Strategically located approximately just eight miles from the A1/A46 junction, St. Modwen Park Lincoln provides excellent access to seaports, airports, and the national motorway network, making it the ideal home for leading industrial and logistics companies.
Gemma Butler, Development and Leasing Manager at St. Modwen Industrial and Logistics, said: “It’s great to see our next phase of development taking shape in Lincoln. We’re increasing our offering of high-quality logistics space, countering the lack of supply in the immediate area and providing a range of size options for businesses to choose from when relocating or expanding into the East Midlands.”
Joint agents for the scheme, Simon Lloyd of Cushman and Wakefield, and William Wall of Banks Long & Co, added: “The scheme at St. Modwen Park Lincoln offers unrivalled transport links, giving occupiers the ability to easily carry out operations across the UK and overseas. The previous success of this scheme shows that St. Modwen is highly-skilled in speculatively developing quality, flexible space.”
Councillor Richard Wright, Leader of North Kesteven District Council, said: “We’re really encouraged to see the progress underway at St. Modwen Park Lincoln – with quality affordable housing, excellent schools and delightful countryside nearby, it has always been a highly sought-after development and we expect that St. Modwen will experience yet more success as Phase 3 continues to be developed.”
Matt Harrison, Construction Manager at Lindum Construction, added: “We’re delighted to be building on our solid relationship with St. Modwen, following our successful completion of both Phase 1 and Phase 2. We are pleased to be continuing with the project and seeing more of this site regenerated and brought back into use.”