The DX regional hub project which will also include the construction of offices and external works will be built to an exceptionally high standard with a raised dock and on-site car parking. The new hub and depot will provide significant additional regional capacity, improve efficiency by reducing stem mileage, and deliver environmental and customer service benefits. Construction is due to start on site during October 2023 with the building expected to take 24 weeks to build, PC by early April 2024.
The development being formally marketed as New Stanton Park has the outline planning permission for the construction of c. 241,547m2 of industrial/warehouse units with the potential to deliver up to 4,000 new jobs once fully developed. The site has a power connection of 31mva and can accommodate a high-volume water connection.
Pete Goodman, Managing Director – UK Midlands, North and Ireland said: “We are very happy to have been appointed by new customer Verdant Regeneration on what will be the first development to come out of the ground at this brand new strategically located development site which has been a long time in the planning. This development has been designed with sustainability at the core which when combined with large amounts of amenity and green space at New Stanton Park will see fishing ponds, rural walkways and cycle tracks all enhanced to link the site and wider communities."
Paul Ibbetson, Chief Executive Officer DX (Group) plc, said "DX is delighted to be announced as the first business taking space on New Stanton Park Industrial Estate, a redevelopment scheme near Nottingham. The purchase of this 25,000 sq ft (2,3322m2) site will enable us to create a major new regional hub and depot to service our Group's parcel freight activities. The new hub and depot will provide significant additional regional capacity, improve efficiency by reducing stem mileage and is in line with our plans to make strategic property investments. We also look forward to creating further job opportunities in the area. Construction, which will benefit from a raised dock and mechanisation, is expected to be completed during Q2 2024.”
Image provided by Momentus Group.