Logicor, an owner, manager and developer of European logistics real estate, has expanded its footprint in the UK by agreeing to forward fund a 500,000 sq ft distribution warehouse on a prime logistics site in Derby.
Planning permission has already been secured for the warehouse on Infinity Park Derby.
Throughout the construction phase, and when the building is complete, there is the potential to create over 1,300 jobs.
The development will be sustainably built and will target EPC A and BREEAM Excellent certification. In addition to solar panels, LED lighting and air source heat pumps, there are plans for extensive landscaping with 112 trees, wetland habitats, bird boxes and bug hotels to improve the levels of local biodiversity at the site.
Employees on the site will have access to nature trails, cycleways and footpaths to promote sustainable travel.
Construction is due to start early 2024.
Charlie Howard, Managing Director, UK at Logicor, said: “Infinity Park Derby fits perfectly with our strategy of further growing our footprint in areas where we know demand for quality real estate continues to outstrip supply.
