The companies behind a massive new “inland port” which they claim will create more than 11,000 jobs have formally launched the scheme.
SEGRO and Roxhill, the firms behind the SEGRO Logistics Park East Midlands Gateway, near East Midlands Airport, said that, once complete, the 700-acre scheme will be home to 7,250 workers.
They also claim that the project, which will provide six million sq ft of warehouse space served by rail, road and air connections, will create a further 3,000 jobs indirectly.
And the construction phase of the development – including new infrastructure and 10 huge warehouse buildings – will create 900 jobs.
Previously, it had been reported that the scheme would create around 7,000 jobs – but this did not include the number of indirect jobs created or those created in the construction phase.
Work on preparing the site, near Castle Donington, which includes putting in some of new road connections, has already started.
Now, SEGRO and Roxhill have formally launched the scheme and has appointed agents Burbage Realty, CBRE and Savills to secure occupiers.
Rumours have already started to surface about potential tenants.
Work has already started to prepare the site which is near to East Midlands Airport
Last month, some media reports claimed that global coffee giant Nestle, which has a large factory at Hatton, was in talks about taking a 600,000 sq ft unit at East Midlands Gateway. However, the Swiss-owned business has remained tight-lipped about the speculation.
East Midlands Gateway presents an attractive proposition for logistics operations. It has good road connections, as it is next to the M1 and good air links as it is right next to East Midlands Airport – the largest pure freight hub in the country.
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And the whole development will be served by its own 50-acre rail freight terminal. This links directly to the Castle Donington freight line, which provides access to major UK ports such as Southampton, Felixstowe and London Gateway.
SEGRO is funding £100 million of infrastructure at East Midlands Gateway, including the rail freight terminal.
East Midlands Gateway will have its own rail freight terminal
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: “SEGRO Logistics Park East Midlands Gateway will be truly multi-modal: with its proximity to the M1 providing easy road access to the whole of the UK; the fact that it neighbours East Midlands Airport – the UK’s second largest freight airport – and that we are building a strategic freight interchange as part of the scheme.
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“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.”
SEGRO added that the development’s proximity to Derby, Nottingham and Leicester meant a “strong labour supply”.
Source: Derby Telegraph