Developer investor SEGRO has started construction of its 5 million sq ft multi modal logistics hub SEGRO Logistics Park Northampton Gateway.
Since Summer 2020, the developer has been conducting enabling works, which include ecology, archaeology and ground investigations to prepare the site – which is strategically located next to junction 15 on the M1 motorway – ahead of construction.
Once developed, the 450 acre site will become a multi-modal logistics hub in the UK Midlands, with five million square feet of modern, highly sustainable warehousing and logistics facilities, including a dedicated 35 acre Strategic Rail Freight Interchange that will have the capacity for up to 16 trains a day.
SEGRO is investing £190 million into infrastructures works, including new rail connections and significant improvements to the strategic road network, incorporating major upgrades to Junctions 15 and 15a on the M1, a new bridge over the West Coast Mainline, and building a bypass around Roade, and safer junctions along the A508. This work will be delivered in partnership with Highways England, Network Rail and local authorities.
In addition to delivering road and rail improvements for the region, the scheme will create around 7,500 direct jobs, with around 120 created during the infrastructure construction phase.
The first plots are expected to be available for buildings in late 2021, with the completion of the infrastructure works anticipated by the end of 2023.
Andrew Pilsworth, SEGRO’s Managing Director, National Logistics, said: “Now more than ever are we witnessing the vital role logistics is playing in supporting the UK economy and it’s clear that businesses are relying on well located, sustainable facilities from which they can meet their customers’ demands.