Construction work on two urban logistics projects is due to start in June, with £15.4m forwarding funding from Urban Logistics, the specialist UK industrial and logistics REIT.
The site at Staffordshire’s Stone Business Park will comprise four logistics units with a total gross internal floor area of 86,000 sq ft. Stone Business Park is an established industrial location and benefits from direct access to junctions 14 and 15 of the M6.
The site at Leicestershire’s Lime Kilns Business Park in Hinckley will comprise two units with a total gross internal floor area of 63,500 sq ft. Lime Kilns Business Park has direct access to the A5 and is close to junction 1 of the M69, enabling easy onward access to the M1 and M6.
