The regeneration of a former industrial site in Derby by St. Modwen Logistics could create up to 1,250 jobs.

St Modwen aims to transform a 67-acre brownfield site into four high-quality industrial and logistics units of 39,000 sq ft, 54,000 sq ft, 79,000 sq ft, and 131,000 sq ft. Totalling 303,000 sq ft during phase one.

The initial phase will comprise investment of £46.5m to acquire land from joint venture partner Network Rail and deliver the first four units. Phase 2 is expected to follow within the next two years and will deliver the remaining 550,000 sq ft of warehouse space, completing the transformation of the site.

Polly Troughton, Managing Director at St. Modwen Logistics, said: “St. Modwen Logistics is committed to investing in regeneration projects with the aim of supporting local economic growth and generating jobs for local communities. Through the development of this high-quality warehouse space, underpinned by our ESG commitments and the needs of our customers, we hope to welcome new and existing business to St. Modwen Park Derby and look forward to seeing them grow and thrive here.”

The park will feature a number of health and wellbeing enhancements such as a fitness trim trail, landscaped areas with outdoor seating for customers’ employees to relax, riverside walks, and a cycle path.

Cllr Steve Hassall, Cabinet Member for Regeneration, Decarbonisation & Strategic Planning & Transport, Derby City Council, said: “Following on from the recent completion of the A52 Wyvern Improvement Scheme, we are delighted to see St. Modwen bring forward this key employment site to the city. The land has been sat empty for some time and will soon undoubtedly provide a very attractive option for businesses in the region, with easy access to Derby city centre, as well as the A50 and M1.”