St Modwen Logistics has completed the first phase of a £46.5million project to bring warehousing space to Derby.
The development – which was supplied by Winvic and will see the conversion of 67 hectares of brownfield land as part of a partnership between St Modwen Logistics, Derby City Council and Network Rail – expects to create up to 1,250 jobs, as it is being offered as one of the newly announced government investment zones.
Comprised of four units totaling 303,000 square feet, St. Modwen Park Derby opened at an event attended by a host of local dignitaries including Amanda Solloway, MP for Derby North; Chris Poulter, Chairman of Derby Council; and the Mayor of Derby, Councilor Robin Wood.
At the opening, Solloway said: “It was fascinating to see St Modwen Park taking shape on a wasteland adjacent to Wyvern Centre, but now that I’ve attended the opening event, it’s incredible to consider the tremendous benefits he will bring to Derby in terms of job creation and providing quality warehousing and the type of modern, dedicated office space that the city and the wider Midlands need if they are to thrive and thrive.
“We have always spoken of Derby’s position in the country and its excellent transport links and this development and Phase 2 when complete are perfect examples of how the city is using it to its advantage.”
Robert Richardson, Director of Development at St Modwen Logistics added: “It’s great to officially declare St Modwen Park Derby open and to see the development being supported by local government and other stakeholders.
“This project is a symbol of our commitment to invest in areas where we believe we can drive local economic growth and create jobs for the local region. There is currently a great need for storage space like this in the Midlands and North and these units have been built to address this.
“We are in advanced discussions with parties about these entities and look forward to welcoming companies to this space before we begin work on phase two.”
Photo Shows: Councilor Chris Poulter, Chair, Derby City Council; Amanda Solloway MP, Derby North; Rob Richardson, Head of Development, St Modwen Logistics; Mayor of Derby, Councilor Robin Wood; Marketing Derby Managing Director John Forkin plants the first of 17,000 trees in St Modwen Park Derby