St. Modwen Logistics has completed work on a €17.5m (£15m) 111,000ft² sustainable warehouse, as part of the fourth phase of development at St. Modwen Park Lincoln, which could save occupiers more than 105,115 (£90,000) a year in operational energy costs.
Delivered by Caddick Construction, Lincoln 111 becomes the biggest unit at the site, demonstrating St. Modwen’s confidence in the Lincoln and Newark region following the success of the Park since the first unit was completed back in 2019. In total, St. Modwen Logistics has invested €40.8m (£35m) to deliver 411,000ft² of space at the Park in this period, with the likes of logistics giant DHL, retailer Furniture Village and international ice cream distributor NIC all occupying space at St. Modwen Park Lincoln.
Built to St. Modwen Logistics’ ‘Swan Standard’ guidelines for sustainable construction, Lincoln 111 is rated ‘Excellent’ by sustainability certification body BREEAM and comes complete with more than 1,000m² of solar PV panels installed as standard to help prospective occupiers to meet their own ESG targets. The building also has access to an increased power supply, making it perfect for occupiers with large power requirements.
Located on the A46 dual carriageway between Lincoln and Newark, St. Modwen Park Lincoln benefits from its fantastic location and transport links and is just seven miles from the A1 with direct access available. In addition, customers at the Park also benefit from central Government investment into infrastructure improvements to the A46 Newark bypass and the completion of the Lincoln bypass, resulting in reduced travel time to the South West and North East towards the Humber Freeports.
Ben Silcock, Leasing & Development Manager, St. Modwen Logistics, said: “We are always striving to develop industry-leading warehouses in fantastic locations for our customers and Lincoln 111 is a prime example of this. As well as being near to the vital A1 interchange and benefitting from crucial infrastructure works in the region of late, the building is also best-in-class when it comes to both the quality of the development and its sustainability credentials. With extra power capabilities and reduced operational costs thanks to the installation of solar PV panels, it would be the perfect home for any businesses looking to expand their operation to the East Midlands or upgrade to a highly-efficient building.”
