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St. Modwen Logistics submits plans for Uttoxeter Business Park
St. Modwen Logistics, one of the UK’s leading logistics developers and managers, has submitted detailed plans for St. Modwen Park Uttoxeter.
The proposed employment development, totalling nearly 400,000 sq. ft, is situated on the west of the Uttoxeter A50 Bypass, ideally positioned to harness economic growth in East Staffordshire and along the A50.This prime location offers unparalleled access to strategic transport networks, making it an ideal hub for industrial and logistics activities and a catalyst for levelling up Staffordshire and Derbyshire.
Building upon recent outline planning permissions and a Local Plan allocation, St. Modwen now seeks Reserved Matters approval for the detailed aspects of two cutting-edge, sustainably designed industrial units spanning c.296,000 sq ft and c.86,000 sq ft respectively.
Earlier this year it was announced that from July 2024, St. Modwen Logistics’ portfolio of assets will become part of Indurent, a new pure play UK logistics champion. The business will have more than 200 assets totalling 26 million sq. ft of logistics space.
St. Modwen Park Uttoxeter is projected to generate significant economic benefits for the local area, including the creation of approximately 195 on and off-site full-time equivalent jobs during the construction phase, boosting local employment and contributing to the vitality of the construction sector.
Once operational, St. Modwen Park Uttoxeter would create 557 permanent on-site full-time equivalent jobs, with around 412 jobs estimated to go to East Staffordshire residents. The jobs created would mainly in the manufacturing and logistics sectors, with salaries worth an average £4.5k more than in other sectors, providing opportunities for local people to improve their financial stability and enhance their social mobility.
Moreover, the project is expected to create almost £1m annually in business rates from the new employment space, which can be used to improve and sustain local services.
A St. Modwen spokesperson says: “Our proposal for St. Modwen Park Uttoxeter aims to contribute over £26million to the local economy. By promoting development on this significant manufacturing growth corridor, we hope to boost economic growth, and create better opportunities and outcomes for residents and businesses in Uttoxeter, and across Staffordshire.”