St. Modwen submits plans to expand gateway industrial park
Developer St. Modwen has submitted plans for more than 100,000 sq ft of speculatively industrial space at its 64-acre Burton Gateway business park.
The application, submitted to East Staffordshire Borough Council, is for three warehouse and distribution units, variously 54,000 sq ft, 40,000 sq ft and 25,000 sq ft.
The plans follow the successful letting of the 87,000 sq ft first phase unit at Burton Gateway, let to global logistics experts Hellman Worldwide Logistics on a 10-year lease.
Ian Romano, Development Director at St. Modwen, said: “There is a lack of new employment space across the Midlands, and we are building speculatively at a number of our key developments to satisfy the growing need for high quality and well-connected space.
“With outline planning consent for up to 1 million sq ft of commercial business space, it is our intention to speculatively build this next phase to accommodate demand from both national and local occupiers.”
Burton Gateway is one of the largest warehouse developments in the Midlands and of St. Modwen’s plan to develop 1 million sq ft of industrial and logistics space across its UK portfolio, 50% is already sold, let or pre-let.
Jon Ryan-Gill and Ranjit Gill, from joint agents Knight Frank and Savills, said: “The A38 is a popular corridor for occupiers as it provides easy access to the wider motorway network and a good catchment of labour. The units are designed so that they can be taken individually from 25,000 sq ft or combined to give up to 119,000 sq ft and therefore can cater for local, regional and national requirements.”
Subject to planning permission, works are expected to start in January 2018, with units available from August 2018.
Converted from a 280-acre wasteland, Burton Gateway is also popular because of its close links to firms such as Pirelli, Unilever, Boots, Rolls-Royce, Tesco and Toyota.
