St. Modwen Logistics 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.
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 sq ft 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.
Robert Richardson, Development Director at St. Modwen Logistics, said: “St. Modwen Park Derby has already attracted a variety of blue-chip industrial and logistics occupiers, contributing to its reputation as a national hub for training and research for the manufacturing, healthcare and automotive industries.
“This latest phase of development, which will more than double the Park’s industrial and logistics floorspace, provides occupiers of all sizes the opportunity to benefit from the scheme’s thriving business ecosystem, exceptional sustainability features and commanding location in one of the UK’s most in-demand logistics markets.”
