Team Lincolnshire Collaboration Brings Further Investment to the Region
Team Lincolnshire has been instrumental in bringing a diverse range of investment and development to the county, with members collaborating together to deliver a number of projects.
A fine example of this is St.Modwen Park – a joint initiative which sees St.Modwen working alongside members Banks Long & Co, Lindum and North Kesteven District Council to deliver this much needed employment park.
Providing 55 acres for high-quality industrial and warehouse space, St. Modwen Park Lincoln offers businesses an opportunity to be located on the A46 dual carriageway less than 8 miles from its junction with the A1, giving excellent access to sea ports, airports and the national motorway network.
As part of the second phase of development, two units of 25,000 and 55,000 sq. ft. are set to be completed at St. Modwen Park Lincoln in Summer 2020 (and despite the Covid-19 crisis this is still moving forward), with one unit already pre-let to DHL Parcel (UK) Limited.
This is in addition to a 32,000 sq. ft. unit occupied by its sister company – Deutsche Post DHL – who arrived at the site during phase 1.
Other occupiers at St. Modwen Park Lincoln include Apogee, Turbine Efficiency, DPD and NIC. These best in class new units are designed to cater for modern occupier needs with high bays, top specification offices, generous car parking and ample yard space.
In total St. Modwen along with its Team Lincolnshire partners will provide, in phases, 740,000 sq. ft. of accommodation on standard lease terms. Planning permission is already in place for a third phase to be delivered in 2021, which will provide units ranging in size from 16,000 sq. ft. to 52,000 sq. ft.
“St. Modwen Park Lincoln continues to go from strength to strength, offering high quality warehouse space with unrivalled transport links. The units delivered as part of our first phase of development were quickly taken off the market by two well-respected brands and it speaks volumes that a key player in the logistics market such as DHL has once again chosen to expand with us here at St. Modwen Park Lincoln. Working with such fantastic Team Lincolnshire partners as Lindum and Banks Long & Co has made this possible.”
Nick Kay, Development Director at St. Modwen
St.Modwen, Lindum and Banks Long & Co are all well established companies who have been working and investing in Lincolnshire for many years. It is great to now see companies of such calibre delivering projects, even within the most uncertain times.
This is an excellent example of how Team Lincolnshire can provide opportunities for its members and the chance to be involved in some of the county’s most prestigious developments.
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