£80m city scheme approved
The green light has been given by Bondholder Derby City Council for an £80m mixed-use development scheme adjoining Pride Park, to be called St Modwen Park Derby.
The 70-acre site will include 650,000 sq ft of industrial and logistics space for a flexible mix of uses, with Bondholder Innes England acting as joint agent for the site.
Nick Hosking, Director at Innes England, said: “With St. Modwen’s track record of delivering high-quality and well-located logistics schemes, it is great news for both Derby and the wider region that the local authority granted planning permission to transform such a key employment site. St. Modwen Park Derby will prove an attractive proposition to a wealth of businesses due to its immediate access onto the A52, directly connecting the site to Junction 25 of the M1.”