New industrial and logistics scheme moves a step closer
Steelworks have been erected at the latest phase of a 123,000 sq ft industrial and logistics site being brought forward by St Modwen on the outskirts of Lincoln.
Work has begun on the new speculative units – ranging from 16,000 sq ft to 52,000 sq ft – and construction is expected to be completed by July 2021.
St Modwen’s latest builds form part of the third phase of development at the 70-acre site, which is already home to occupiers such as DHL Parcel (UK), Deutsche Post DHL, NIC Ice, and George H Kime & Co.
Planning applications for phases four to seven have also been submitted, which will see St Modwen deliver an additional 460,463 sq ft of warehouse space at the site.
Gemma Butler, development and leasing manager at St Modwen Industrial and Logistics, said: “It’s great to see our next phase of development taking shape in Lincoln. We’re increasing our offering of high-quality logistics space, countering the lack of supply in the immediate area and providing a range of size options for businesses to choose from when relocating or expanding into the East Midlands.”
Joint agents for the scheme, Simon Lloyd of Cushman and Wakefield, and William Wall of Banks Long & Co, added: “The scheme at St Modwen Park Lincoln offers unrivalled transport links, giving occupiers the ability to easily carry out operations across the UK and overseas. The previous success of this scheme shows that St Modwen is highly-skilled in speculatively developing quality, flexible space.”
