Friday, November 22, 2024

1,000 jobs to be created with construction of new Derby warehouse

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Up to 1,000 jobs will be created at a new warehouse development in Derby. Work has started on constructing Derby 507 at Infinity Park. The site is being developed by Logicor, a leading owner, manager and developer of European logistics real estate.

The 507,000 sq ft warehouse is expected to be available for leasing in the first few months of 2025. A significant number of jobs will be generated both during the construction phase, and when the building is complete, with the potential to bring economic investment to Derby and the local communities.




A new link road will also be constructed connecting Infinity Park Derby to a new dedicated junction on the A50, further improving connectivity and access to the site. Works are due to start on that part of the project in 2025.

Logicor will work with Infinity Park Derby LLP to deliver Derby 507 to the highest sustainability targets and sustainable features will include a 501kWp roof-mounted solar photovoltaic (PV) system. There will also be secure cycle storage and EV storage for both cars and HGVs.

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Infinity Park Derby is a 100-acre development with Enterprise Zone Status (EZS). Enterprise Zone Status brings numerous benefits to site occupiers, such as future initiatives being supported by the recycling of business rates growth from within the zone.

Charlie Howard, Managing Director, UK at Logicor, said: “We know there is local and national need for high quality, sustainably built logistics real estate in order to meet consumer demand – driven largely by ecommerce. Derby 507 will play its part in meeting that need. It has the potential to support over 1,000 jobs in Derby as well as real time improvements to the surrounding road network with the new link road bypassing the main city area.

“Located within the Derby Enterprise Zone and so close to the road networks, it is an attractive prospect for those businesses looking from which to base their operations and we are looking forward to introducing this scheme to new and existing customers in 2025.”

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