Once developed, the site will become a 5 million sq ft multi-modal logistics hub in the UK Midlands, including a dedicated 35 acre Strategic Rail Freight Interchange that will have the capacity for up to 16 trains per day.
Since Summer 2020, Segro has been conducting enabling works, which include ecology, archaeology and ground investigations to prepare the site - which is strategically located next to junction 15 on the M1 motorway - ahead of construction.
Segro is investing £190 million into infrastructures works, including new rail connections and significant improvements to the strategic road network, incorporating major upgrades to Junctions 15 and 15a on the M1, a new bridge over the West Coast Mainline, building a bypass around Roade and safer junctions along the A508. This work will be delivered in partnership with Highways England, Network Rail and local authorities.
The scheme will incorporate over 80 acres of parkland and amenity grassland, with 18km of foot paths, 20km of hedgerows and the planting of 60,000 new trees.
The first plots are expected to be available for buildings in late 2021, with the completion of the infrastructure works anticipated by the end of 2023.
“Now more than ever are we witnessing the vital role logistics is playing in supporting the UK economy and it’s clear that businesses are relying on well located, sustainable facilities from which they can meet their customers’ demands,” Andrew Pilsworth, Segro’s Managing Director for National Logistics, said.