Logicor, an owner, manager, and developer of European logistics real estate, has completed its latest logistics and manufacturing site, Derby 507.
This 508,003 sq ft development is set to create up to 1,000 jobs for the local community, providing a boost to the region’s economy.
Based in Infinity Park Derby, Derby 507 is located within a hub of major manufacturers including Rolls Royce, Toyota, JCB, Alstom, and Nestle.
Derby 507 has also achieved a BREEAM Excellent rating and an EPC A+ rating. The facility will include 30 secure cycle spaces, multiple EV charging stations, and solar installations to promote renewable energy use.
Charlie Howard, Logicor, UK Managing Director, said: “We are focused on creating high-quality logistics spaces that support local economies and enhance the logistics infrastructure across the UK. The development will provide significant employment opportunities while facilitating growth for businesses in the region.”
Christopher Tebbs, Inward Investment Executive at Marketing Derby, said: “Logicor’s investment into the ‘Derby 507’ scheme shows great confidence in the city from a major global investment player. This new 508,000 sq ft speculative build has the potential to support over 1,000 jobs for the local area whilst attracting a world-class end-user.
“This commitment furthermore speaks volumes about the wider Infinity Park Derby scheme, which is set to become one of the region’s new Investment Zones under the East Midlands Combined County Authority (EMCCA).”
