Indurent, a logistics developer created through the merger of Industrials REIT and St Modwen Logistics, has got the go ahead for a new 432,000 sq ft industrial and logistics development in Staffordshire.
Indurent Park Lichfield will comprise eight mid-box units ranging from 36,000 sq ft to 83,000 sq ft. Construction of the speculatively developed facility is expected to start in 2025, with the first phase of completion due in 2026.
Each unit will be delivered to BREEAM Excellent standard as a minimum and EPC A, with solar panels on all roofs. The energy generated from solar is expected to offset on-site energy demand by around 75%, with all office space in the development powered by renewable energy.