Logicor, a leading 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.
Logicor, a leading owner, manager and developer of European logistics real estate, has announced that the redevelopment of its flagship UK scheme, Logicor Park Daventry, has reached a construction milestone with groundwork complete and steel frames erected. Acquired in 2021, Logicor Park Daventry is being redeveloped to create three highly
BDC 319 : Aug 2024
Logicor, a leading 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. Located in the logistics hotspot of the East Midlands, the site benefits from direct access to the national motorway network (A50, M1, and M6) and its proximity to East Midlands Airport. Throughout the construction phase, and when the building is complete, there is the potential to create over 1300 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. “We are looking forward to bringing to the market a highly sustainable, well-designed asset that is in a prime location for the UK.” Wilson Bowden and Peveril Securities is the development partner and Bowmer and Kirkland is the construction partner for the project. Logicor were advised by Cushman & Wakefield, and the developer were advised by Avison Young. Building, Design & Construction Magazine | The Choice of Industry Professionals
Logicor, a leading owner, manager and developer of European logistics real estate, has announced that the redevelopment of its flagship UK scheme, Logicor Park Daventry, has reached a construction milestone with groundwork complete and steel frames erected. Acquired in 2021, Logicor Park Daventry is being redeveloped to create three highly sustainable warehouses in the UK’s ‘Golden Triangle’. To date, construction steams ahead with 3,500 tonnes of steelwork from the original unit already demolished and recycled, and 45,000m3 of stone already processed for re-use, reducing the site’s environmental impact. Once complete, The 800,000 sq ft site will offer units of varying sizes; c.135,000 sq ft, c.280,000 sq ft and c.385,000 sq ft, with access to two onsite gyms and new amenity spaces. The site will also include 2.2 acres of woodland with 4,500 new trees, and native species of plants, which will enhance the local biodiversity. Coupled with this, the introduction of solar panels electric vehicle charging points, LED lighting, Air Source Heat Pumps and rainwater harvesting, means the site will target BREEAM Excellent and EPC A. Charlie Howard, Logicor UK Managing Director, said: “Logicor Park Daventry marks an exciting chapter for our development journey in the UK. With sustainability at the core of this flagship development, we are delighted to offer our existing and potential customers this modern, sustainable warehouse space. “The Golden Triangle is within a 4.5-hour drive from almost 90% of the UK population, meaning the new site at Daventry will further enable us to support the flow of trade vital to everyday life. “We look forward to welcoming customers next year, helping them to reach more people, more efficiently, while delivering greater sustainable value.” The site is set to be completed by Q4 2024. Building, Design & Construction Magazine | The Choice of Industry Professionals
