Work begins on second phase of major industrial and logistics scheme

St Modwen has broken ground on the second phase of a 70-acre industrial and logistics scheme in Lincolnshire.

Phase two of St Modwen Park Lincoln will include two industrial and warehouse units of 25,000 and 55,000 sq ft.

Lindum Group is expected to complete work on the scheme by Summer 2020.

The Park’s expansion follows the successful letting of two units, delivered as part of the first phase of development. German logistics company Deutsche Post DHL has taken a 32,000 sq ft unit on a 15-year lease, while international ice cream and confectionery distributor NIC has taken a 10-year lease on a 64,000 sq ft unit.

Nick Kay, development director at St. Modwen, said: “The units delivered as part of our first phase of development were quickly taken off the market by two very prestigious brands, demonstrating the strong appetite for well-located space. This second phase provides a further opportunity for medium-sized industrial and logistics businesses to take advantage of this popular, growing scheme.”

Cushman and Wakefield and Banks Long are acting as joint agents on the scheme.