The Midlands-based warehouse development is proposing three units of 39,000 sq ft, 54,000 sq ft and 79,000 sq ft.
The site, formerly known as Chaddesden Triangle, is a joint venture between the Birmingham-based developer and Network Rail, comprises 70-acres of brownfield land and is located on Wyvern Way, adjacent to Pride Park.
Following the recent completion of the A52 Wyvern Transport Improvement Scheme, St. Modwen Park Derby will give have access to Derby city centre, as well as the A50 and Junction 25 of the M1.
Outline consent for 780,000 sq ft of industrial and distribution space was granted by Derby City Council last year.
Nick Hosking, Director at Innes England, said: “The scheme, which can accommodate requirements up to 300,000 sq ft, will undoubtedly provide a very attractive option for industrial and logistics businesses in the region, given its immediate access to the national motorway network, and with Derby city centre just a five-minute drive away.”