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Logistics Property Scheme Kick-off

By February 20, 2024Uncategorized

St. Modwen Logistics, one of the UK’s leading logistics developers and managers, has started construction on the first phase of its 1.2m sq ft scheme in Meaford. The company is regenerating the site of a former power station at St. Modwen Park Meaford and will firstly deliver two new sustainable warehouses totalling 112,000 sq ft.

Rated BREEAM ‘Excellent’ and with EPC A certification, the units will benefit from a wide range of measures to support occupiers in their net zero journeys and reduce operational energy consumption, including rooftop solar panels, smart LED lighting that reduces energy consumption by 10%, as well as EV charging points and smart metering.

Due for completion in Q4 2024, the first phase of development at the Park will include market-leading infrastructure and has already secured a much-increased power capacity of 9.2 MvA – making the entire Park suitable for advanced manufacturing companies and logistics occupiers alike. On top of the scheme’s main masterplan, the site can also deliver build-to-suit facilities of up to 633,000 sq ft within 12 months of an agreement, including cross docked units with outline planning permission already obtained. Detailed planning is in place for two large units of 193,000 sq ft and 359,000 sq ft and capable of delivery in 2026.

Logistics Property Scheme

The new phase of development at the Park will create hundreds of jobs and will also provide new green spaces alongside retained woodland, boosting local biodiversity and adding value to the local community.

The development builds on a £4.2 million investment of Government Growth Deal funding which delivered infrastructure works at St. Modwen Park Meaford, including a new roundabout on the A34, improvements to Meaford Road and a new access serving the Park. The work, which also received a significant funding contribution from St. Modwen Logistics, was carried out by Staffordshire County Council on behalf of the Stoke-on-Trent and Staffordshire Local Enterprise Partnership.

Situated between J14 and J15 of the M6 motorway, the logistics property scheme is strategically located on the M6 corridor. The development is situated just off the A34 dual carriageway, with access to the significant catchments of Stoke-on-Trent to the north and Stafford to the south.

Jake Shilston, Development Director at St. Modwen Logistics said: “Having successfully delivered over 2.2 million sq ft of high-quality logistics space in Stoke and secured a range of high-quality occupiers across our developments, this latest phase of development at our Meaford scheme builds on our exceptional track record in the region, helping to address the under-supply of best-in-class industrial workspace. Our capacity at Meaford to deliver a significant volume of additional space, with both detailed and outline planning in place, also positions us to meet the future demands of Staffordshire’s diverse customer base. With additional power of up to 9.2 MvA already secured, we have confidence in our ability to service the varied needs of businesses of all sizes based in the region.”

Philip White, Deputy Leader of Staffordshire County Council and Cabinet Member for economy and skills, added: “We have worked with St. Modwen Logistics from the start of site development at Meaford in 2016 to ensure access and connections to highways are delivered through the Government’s Growth Deal funding. Supporting business development and providing necessary infrastructure is a priority to the county council and we have a strong track record of working with developers as they bring sites like this forward. The logistics sector plays a prominent role in the local economy, creating thousands of jobs and attracting additional investment. St. Modwen Park Meaford is in a prime location close to both the M6 and A50/A500 corridors where we expect to see considerable jobs growth in coming years.”

St. Modwen Logistics delivered 1.3 million sq ft of modern warehouse space in 2023 and has a long-term pipeline of 23 million sq ft.

Read more here:

Plans Approved for 670,000 sq.ft. UK Distribution Centre

 

The post Logistics Property Scheme Kick-off appeared first on Logistics Business® Magazine.

St. Modwen Logistics, one of the UK’s leading logistics developers and managers, has started construction on the first phase of its 1.2m sq ft scheme in Meaford. The company is regenerating the site of a former power station at St. Modwen Park Meaford and will firstly deliver two new sustainable warehouses totalling 112,000 sq ft.

Rated BREEAM ‘Excellent’ and with EPC A certification, the units will benefit from a wide range of measures to support occupiers in their net zero journeys and reduce operational energy consumption, including rooftop solar panels, smart LED lighting that reduces energy consumption by 10%, as well as EV charging points and smart metering.

Due for completion in Q4 2024, the first phase of development at the Park will include market-leading infrastructure and has already secured a much-increased power capacity of 9.2 MvA – making the entire Park suitable for advanced manufacturing companies and logistics occupiers alike. On top of the scheme’s main masterplan, the site can also deliver build-to-suit facilities of up to 633,000 sq ft within 12 months of an agreement, including cross docked units with outline planning permission already obtained. Detailed planning is in place for two large units of 193,000 sq ft and 359,000 sq ft and capable of delivery in 2026.

Logistics Property Scheme

The new phase of development at the Park will create hundreds of jobs and will also provide new green spaces alongside retained woodland, boosting local biodiversity and adding value to the local community.

The development builds on a £4.2 million investment of Government Growth Deal funding which delivered infrastructure works at St. Modwen Park Meaford, including a new roundabout on the A34, improvements to Meaford Road and a new access serving the Park. The work, which also received a significant funding contribution from St. Modwen Logistics, was carried out by Staffordshire County Council on behalf of the Stoke-on-Trent and Staffordshire Local Enterprise Partnership.

Situated between J14 and J15 of the M6 motorway, the logistics property scheme is strategically located on the M6 corridor. The development is situated just off the A34 dual carriageway, with access to the significant catchments of Stoke-on-Trent to the north and Stafford to the south.

Jake Shilston, Development Director at St. Modwen Logistics said: “Having successfully delivered over 2.2 million sq ft of high-quality logistics space in Stoke and secured a range of high-quality occupiers across our developments, this latest phase of development at our Meaford scheme builds on our exceptional track record in the region, helping to address the under-supply of best-in-class industrial workspace. Our capacity at Meaford to deliver a significant volume of additional space, with both detailed and outline planning in place, also positions us to meet the future demands of Staffordshire’s diverse customer base. With additional power of up to 9.2 MvA already secured, we have confidence in our ability to service the varied needs of businesses of all sizes based in the region.”

Philip White, Deputy Leader of Staffordshire County Council and Cabinet Member for economy and skills, added: “We have worked with St. Modwen Logistics from the start of site development at Meaford in 2016 to ensure access and connections to highways are delivered through the Government’s Growth Deal funding. Supporting business development and providing necessary infrastructure is a priority to the county council and we have a strong track record of working with developers as they bring sites like this forward. The logistics sector plays a prominent role in the local economy, creating thousands of jobs and attracting additional investment. St. Modwen Park Meaford is in a prime location close to both the M6 and A50/A500 corridors where we expect to see considerable jobs growth in coming years.”

St. Modwen Logistics delivered 1.3 million sq ft of modern warehouse space in 2023 and has a long-term pipeline of 23 million sq ft.

Read more here:

Plans Approved for 670,000 sq.ft. UK Distribution Centre

 

The post Logistics Property Scheme Kick-off appeared first on Logistics Business® Magazine.

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