Developers have launched a £100m inland port close to East Midlands airport.
The announcement is the first significant fruit of Segro’s tie-up with specialist developer Roxhill.
The 700-acre East Midlands Gateway site will kick-start Segro’s ambition to become a major player in the competitive Big Box market.
The site combines links to the M1 and East Midlands Airport with a major new rail freight terminal.
SEGRO is funding £100m of infrastructure at East Midlands Gateway including a 50 acre rail terminal and extensive road improvements. Ten plots are now available to occupiers.
A partnership with Highways England and other highways authorities means there will also be £35 million of road improvements associated with East Midlands Gateway, including better connections at Junction 24 and Junction 24A of the M1.
Andy Gulliford, Chief Operating Officer at Segro said: “We are relishing working with Roxhill, having entered into our partnership 18 months ago, and will be creating some of the best logistics space in the country. We are confident East Midlands Gateway will be a highly successful scheme for its occupiers and the local community.
The rail freight hub links directly to the Castle Donington freight line, which provides access to major UK ports such as Southampton, Felixstowe and London Gateway.
Burbage Realty, CBRE and Savills are agents for the scheme.