Segro and Roxhill have launched the Segro Logistics Park East Midlands Gateway, a 700 acre ‘inland port’ combining links to the M1 and East Midlands Airport with a major new rail freight terminal.
Segro is funding £100 million ($131 million) of infrastructure at East Midlands Gateway including a 50 acre rail terminal and extensive road improvements, designed to improve connectivity to the 10 plots available to occupiers.
A partnership with Highways England and other highway authorities means there will also be £35 million of road improvements associated with East Midlands Gateway, including better connections at Junction 24 and 24a of the M1.
Segro chief operating officer, Andy Gulliford says: “Segro Logistics Park East Midlands Gateway will be truly multi-modal: with its proximity to the M1 providing easy road access to the whole of the UK; the fact that it neighbours East Midlands Airport – the UK’s second largest freight airport – and that we are building a Strategic Freight Interchange as part of the scheme.”
He adds: “We are relishing working with Roxhill, having entered into our partnership 18 months ago, and will be creating some of the best logistics space in the country. We are confident East Midlands Gateway will be a highly successful scheme for its occupiers and the local community.”
The development will create 7,250 jobs, 900 construction jobs and 3,000 indirect jobs, with Roxhill playing a key role in working with public and private bodies to maximise training opportunities for local people.
East Midlands Gateway, which combines rail, road and air connections, is close to the centre of England, with Nottingham 13 miles to the northeast, Leicester 20 miles to the south and Derby 14 miles to the northwest.
The rail freight hub links directly to the Castle Donington freight line, providing access to major UK ports such as Southampton, Felixstowe and London Gateway.