The second phase of development has begun at the 70-acre industrial and logistics scheme St Modwen Park Lincoln in Witham St Hughs.
As previously reported, the second phase which will create 960,000 square feet of commercial space was approved earlier this year, part of which had already been developed with occupiers including Apogee, Turbine Efficiency and DPDUK.
St Modwen’s Network 46 development will see two new business units of 55,000 sq ft and 25,000 sq ft created. The units will provide industrial and warehouse space with construction work expected to be completed by summer 2020.
As part of the work, Lindum will be engaging with the community in nearby Witham St Hughs and is planning to visit the primary school. It will also set up a collection point for the local food bank.
This follows the successful letting of two units delivered as part of the first phase of development, including Deutsche Post DHL and confectionary distributor NIC.
Deutsche Post DHL has occupied 32,000 sq ft on a 15-year lease with NIC in a 64,000 sq ft unit on a 10-year lease.
Nick Kay, Development Director at St. Modwen, said: “The units delivered as part of our first phase of development were quickly taken off the market by two very prestigious brands, demonstrating the strong appetite for well-located space.
“This second phase provides a further opportunity for medium-sized industrial and logistics businesses to take advantage of this popular, growing scheme.”
Joint agents for the scheme, Simon Lloyd, Partner at Cushman and Wakefield, and William Wall, Director at Banks Long, added: “St. Modwen Park Lincoln offers unrivalled transport links, giving occupiers the ability to easily carry out operations across the UK and overseas.
“Securing DHL and NIC as occupiers so soon after completing the first phase on-site shows that St. Modwen is highly-skilled in speculatively developing quality, flexible space and we suspect that these two new units won’t be on the market for long.”
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