Development milestones reached at SEGRO Logistics Park East Midlands Gateway
Development of SEGRO Logistics Park East Midlands Gateway (SLPEMG) continues to gather pace as power is installed at the 700 acre site and construction of a new 195,500 sq ft facility for global transport and logistics company Kuehne + Nagel begins.
This week marked the connection of 28 MVA power to the site which will support up to 6 million sq ft high specification logistics space and enable occupiers to begin installing technology as part of their internal fit-outs.
In addition, senior executives from Kuehne + Nagel recently joined SEGRO on-site to mark groundbreaking at their 17 acre development, which will serve as the UK location for its Overland operations. The new facility is expected to complete in April 2019 and will support up to 320 jobs.
Jim Hedderwick – Kuehne + Nagel Director of Overland – UK, said:
“This new facility will be integral to our UK Overland operations, and we are very pleased to see construction commence on site. Our aspiration is to create a best in class logistics facility, and we believe we have the right partner in SEGRO to do that.”
SEGRO continues to advance a number of infrastructure works at SEGRO Logistics Park East Midlands Gateway, including improvements to the M1 at Junction 24 and 24A, a bypass linking the site to Kegworth, which includes a 1200 tonnes bridge over the M1, and the delivery of a 50 acre rail freight link.
Andrew Pilsworth, SEGRO Business Unit Director, National Logistics, said:
“We have considerable momentum at East Midlands Gateway, where we are creating a state of the art, multi-modal logistics hub.
“Our strategy at SLPEMG is to deliver the off-site and on-site infrastructure in parallel, whilst also delivering the units for occupiers meaning the new facilities can be operational more quickly.
“The connection of power is a significant milestone as it allows Kuehne + Nagel, and other companies that have committed to the site, to begin their high-tech internal fit-outs.
“Construction will continue apace over the second half of 2018.”
SEGRO Logistics Park East Midlands Gateway is located in the near centre of England, with Nottingham 13 miles to the north-east, Leicester 20 miles to the south and Derby 14 miles to the north west which brings the benefit of a three city labour supply with one million people within a 30 minute drive.
As well as providing critical infrastructure for the logistics supply chain, the development will create 7,250 jobs, 900 construction jobs and 3,000 indirect jobs.
SEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, manager and developer of modern warehouses and light industrial property. It owns or manages 6.7 million square metres of space (72 million square feet) valued at over £9 billion serving customers from a wide range of industry sectors. Its properties are located in and around major cities and at key transportation hubs in the UK and in nine other European countries..