St. Modwen has completed its third phase of development at St. Modwen Park Burton in Staffordshire, delivering a new 103,947 sq ft speculative unit.
One of the largest warehouse developments in the Midlands, St. Modwen Park Burton has outline consent for one million sq ft and is now home to a number of established occupiers, including Hellman Worldwide Logistics, Keylite Roof Windows, Supply Technologies and London City Bond.
The unit, which includes 10 dock levellers (including 2 euro-docks), a 50m deep yard and Grade A office space, is the latest opportunity for businesses to join the popular scheme, which prominently fronts the A38 to the south of Burton-upon-Trent.
The new unit could provide approximately 120 jobs once occupied, in addition to a significant number of construction jobs, which were created during the build by GMI Construction.
Rob Richardson, Senior Development Manager at St. Modwen Industrial & Logistics, said:
“St. Modwen Park Burton is one of our key sites and a significant asset for the business. Our third phase of development expands the scheme’s offering, allowing us to meet market demand for quality, well-located space in the region. Our decision to speculatively build the 103,000 sq ft unit demonstrates our confidence both in the attractiveness of the scheme and in the wider industrial and logistics market.”
Katie Monks, Associate Director at Savills, added:
“The first two phases at St. Modwen Park Burton proved to be incredibly popular. With high demand for quality space in excellent locations from manufacturers and logistics firms, we’re confident this new unit will attract another high-calibre occupier very soon.”
James Clements, Partner at Knight Frank, added:
“St. Modwen Park Burton is one of the most prominent industrial and logistics sites in the Midlands and has built an excellent reputation through both its setting and the occupiers the scheme has attracted. The great location and the quality of the space on offer is market-leading.”
For more information on St. Modwen Park Burton, please click here.