St. Modwen unveils plans for South West speculative development (GB)

St. Modwen unveils plans for South West speculative development (GB)

St. Modwen Logistics has unveiled plans to deliver circa 450,000ft² of warehouse space at St. Modwen Park Chippenham, including the company’s largest speculative development in the region, a 342,000ft² warehouse unit. The development, which is under construction by Winvic and is set to complete in summer 2023, also includes an additional 110,000ft² unit, with both warehouses built to St. Modwen’s Swan Standard guidelines for environmentally friendly construction. St. Modwen Park Chippenham is already home to businesses including Huboo and FurnitureBox

 

The buildings are being built to high environmental standards and targeting a BREEAM ‘Excellent’ rating. Sustainable features of the new warehouses include solar PV panels, which generate a significant proportion of clean energy used by the offices, making them net zero carbon in operation. The developments will also include a proportion of parking spaces reserved for electric vehicle charging points, and smart energy management systems which contribute to an EPC A+ rating.

 

Once built, the new warehouses will have the potential to employ up to 600 people in the Chippenham area, which benefits from a strong local labour force and excellent transport links. Strategically located adjacent to the M4, the site benefits from being less than a mile from Junction 17 and is ideally placed for nationwide distribution.

 

Peter Davies, Development Director, St. Modwen Logistics, said: “Chippenham benefits from its access to a skilled local labour force and its strategic location at the gateway to major consumer markets in the South West of England and South Wales. However, there is an acute undersupply of high-quality warehousing and we are responding to that by delivering new schemes capable of creating hundreds of jobs for local people and providing occupiers with fit-for-purpose, sustainable logistics space. Our decision to progress with the expansion of St. Modwen Park Chippenham and the delivery of our largest ever speculative development is testament to both the strength of the business’ investment and development expertise, and to the resilience of occupier demand in the South West.”

 

Winvic’s Head of Industrial, Distribution and Logistics, Danny Nelson, added: “We’ve been making excellent progress on the two warehouse facilities in Chippenham, and we’re proud that one is St. Modwen’s largest speculative development. Working in partnership with the St. Modwen team, Winvic has focused on the requirements of tenants and have designed and constructed these buildings with sustainability at their heart." 

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