June 04, 2024 |
[4th June 2024]: Up to 1000 new jobs to be created in Derby as Logicor, a leading owner, manager and developer of European logistics real estate, begins construction of a new logistics building, Derby 507, at Infinity Park Derby.
The site will offer over 500,000 sq ft of premium warehouse space with a significant number of jobs generated both during the construction phase, and when the building is complete, with the potential to bring economic investment to Derby and the local communities.
A new link road will also be constructed connecting Infinity Park Derby to a new dedicated junction on the A50, further improving connectivity and access to the site. Works are due to start in 2025.
Logicor will work with Infinity Park Derby LLP to deliver Derby 507 to the highest sustainability targets, aiming for BREEAM ‘Excellent’ and an EPC rating of ‘A’ status. Sustainable features, including a 501kWp roof-mounted solar photovoltaic (PV) system, will offer significant savings for customers looking to reduce electricity costs and minimise their carbon footprint.
In line with Logicor’s commitment to act responsibly, the construction will also deliver 17% biodiversity net gain (National England target is 10%), offer secure cycle storage and EV storage for both cars and HGVs.
Derby 507 is located on Infinity Park Derby, a 100-acre development with Enterprise Zone Status (EZS). Enterprise Zone Status brings numerous benefits to site occupiers, such as future initiatives being supported by the recycling of business rates growth from within the zone.
The site is close to the key national motorway network, with easy access to the A50, M1 and M6. Over 45 million people are within a three-hour drive of this location – making it an ideal site for distribution operations.
This sought after location will allow for important access to the vast talent pool in Derby, where the transportation and storage industry employs 4.4% of the city’s employed population (ONS, 2022).Charlie Howard
Managing Director, UK at Logicor
Nick Richardson
Infinity Park Derby LLP
Sam Dennis
Director of Communities at Derby City Council
Contact details
LOGICOR: Lucy Dollimore, Senior Communications and Marketing Manager
[email protected]
FLEISHMANHILLARD: Sophie Fischer, Account Manager
[email protected]
About Logicor:
Logicor is a leading owner, manager and developer of European logistics real estate. As at December 2023, our portfolio of properties spans over 20 million square metres of warehouse space in key transportation hubs and close to major population centres, enabling us to support over 2 000 customers.
We are headquartered in London and Luxembourg and have teams of people based across Europe.
Our real estate and the strength of our network enable our customers’ goods to move through the supply chain and into society, every day. For more information visit www.logicor.eu
About Derby 507:
Derby 507 is a new warehouse/ manufacturing site offering over 500,000 sq ft of premium space within Infinity Park Derby. The site is strategically located at the nexus of the UK National Motorway network and will offer a business competitive access to Birmingham, Nottingham, Leicester, Manchester, and is located close to East Midlands Airport and Liverpool Port.
The extensive space and connectivity makes it a compelling offer for three main categories: major global manufacturers, food operatos and 3PLs. The space will also be suitable for part chilled/ part ambient retail occupiers in this locally competitive market. Occupiers will benefit from the unit’s Enterprise Zone status, making it a great place to do business for new and expanding firms with support from Government, Derby City Council and D2N2 (a local enterprise partnership).
Infinity Park Derby is a unique collaboration between Derby City Council, The Harpur Crewe Estate, Rolls-Royce, the D2N2 local enterprise partnership, and developers IPD LLP which comprises Wilson Bowden and Peveril Securities.
For more information, please visit: https://derby507.co.uk/ or contact: Tom Blakely @[email protected]