IMP pushes button on 340,000 sq ft net Zero Ready unit

How the scheme will look

IM Properties is pushing forward with a new 340,000 sq ft speculatively built Net Zero Ready logistics and manufacturing unit on its Hinckley Park employment scheme.

Located in Leicestershire next to Junction 1 of the M69, Hinckley Park has already created jobs for 1,500 people and is home to DPD which has one of Europe’s largest and most technically advanced parcel depots and a 532,000 sq ft unit let to Amazon.

The delivery of Hinckley 340 is part of the final phase of development on the remaining 18 acres at Hinckley Park, providing a new HQ facility opportunity with two storey offices, alongside two other smaller buildings of 47,000 and 60,000 sq ft.

The scheme is in line with the UK Green Building Council (UKGBC) recommendations to reflect the ambitions of IM Properties’ new Sustainable Future’s framework.

Hinckley 340 will be delivered as Net Zero in Construction and Net Zero Ready which means the building will be optimised to allow occupiers to be Net Zero in Operations.

It will target BREAM Excellent and an EPC A rating with solar PV roof coverage, EV charging spaces, cycle storage facilities and have an active travel plan in place to include a regular bus service and a network of cycle paths and footways for future occupiers and their staff.

Harry Goodman, development manager at IM Properties said despite the economic headwinds the company felt Hinckley Park offered a compelling case for investment.

“The key drivers of location, labour and connectivity have always stood out for the employment park, set on the borders of the East & West Midlands and just a short distance from the major conurbations of Leicester and Coventry.

“It draws on a large catchment area for last mile delivery operators and is also close to air and rail hubs including BIFT and Hams Hall Railports which appeals to the rich source of supply chain operators in the Midlands.”

Goodman continued: “The increased transparency required for all businesses on the sustainability front allows Hinckley 340 to aid occupiers in futureproofing their operations ahead of regulation and set a benchmark within their own sectors.

“As a major investor in the Midlands, we hope to use our influence to help set industry standards and work alongside our occupiers and supply chain to create positive change and reduce carbon emissions.”

IM Properties is represented by local agents Wells McFarlane and CBRE and Avison Young.

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