A leading UK regeneration specialist has submitted a planning application for the first phase of a 90,000 square foot £8 million warehouse and manufacturing space near Lincoln.
St Modwen acquired the remaining 57 acres of land at Network 46 in Witham St Hughes earlier this year.
The company has now submitted proposals to North Kesteven District Council.
It estimates that around 150 jobs would be created, excluding construction jobs for the build.
In 2008, Network 46 was granted planning consent for more than 960,000 sq ft of commercial space of which part was developed for occupiers including Apogee, Turbine Efficiency and UK Mail.
The site also boasts a new 40,300 sq ft facility for DPDUK. Network 46 is identified by Central Lincolnshire as one of the region’s main strategic employment locations.
St Modwen owns more than 30 acres of industrial land in Lincoln, including Firth Road and Ruston Works.
In addition, the company was responsible for delivering the 135,000 sq ft state of the art facility for Siemens at Teal Park.
Rob Richardson, Development Manager at St. Modwen, said: “We have ambitious plans to develop more than 1m sq ft of industrial space across our national portfolio of development sites over the next year.
“Our planning application at Network 46 is part of this strategy and we hope we will be able to quickly take forward the development of the scheme once planning consent has been secured. We are confident that the proposed development will deliver much needed new space and further encourage greater investment to the region.”
The site is being marketed by Lincoln based Banks Long & Co and National Agent, Cushman and Wakefield.
William Wall, Director of Banks Long & Co, added: “The region needs to see these buildings come forward as there has been an acute shortage of new quality manufacturing and warehouse space. The versatile design of the buildings and good power availability will therefore appeal to a wide variety of occupiers.”
Graham McMorran and Chris Allwood from UMC Architects of Newark designed the scheme, and Pegasus Planning is acting for St. Modwen in respect of the planning application.