St Modwen Logistics has completed a £15m 111,000 sq ft sustainable warehouse at St Modwen Park Lincoln, which it claims could save occupiers more than £90,000 a year in operational energy costs.
Lincoln 111, which was delivered by Caddick Construction, is the biggest unit at the site and has been built to the developer’s ‘Swan Standard’ guidelines for sustainable construction.
The unit, which is BREEAM Excellent and has an EPC A+ rating, has had more than 1,000 sq m of solar PV panels installed to help prospective occupiers meet their ESG targets. St Modwen said the energy generated from the panels will fully power the building’s 5,300 sq ft of Grade A offices, making them net zero carbon in operation.
Ben Silcock, leasing and development manager at St Modwen Logistics, said: “We are always striving to develop industry-leading warehouses in fantastic locations for our customers and Lincoln 111 is a prime example of this. As well as being near to the vital A1 interchange and benefitting from crucial infrastructure works in the region of late, the building is also best-in-class when it comes to both the quality of the development and its sustainability credentials.
“With extra power capabilities and reduced operational costs thanks to the installation of solar PV panels, it would be the perfect home for any businesses looking to expand their operation to the East Midlands or upgrade to a highly-efficient building.”
Dominic Towler, surveyor at Cushman & Wakefield, letting agent on the unit, added: “Lincoln 111 is the largest speculatively built unit available within a 20-mile radius and adds much-needed supply to the area. The building’s sustainable design also offers exceptional cost savings for occupiers looking to relocate from less efficient and inferior stock.
“Phases 1 to 3 have demonstrated that demand for space in the area is buoyant with both local and national occupiers taking units within the Park, and we again expect the unit to be of significant interest to similar occupiers.”
St Modwen Logistics has also received reserved matters planning consent for the fifth and final phase of development at the park, which could see a single unit of up to 350,000 sq ft delivered.
