Property investment and development specialist SEGRO has signed up to build a £300 SmartParc food manufacturing campus in Derby.
The developer SECRO, which is behind the 700 acre East Midlands Gateway warehouse park near East Midlands Airport, will partner with SmartParcto build the 1.85 million sq ft, high-tech food manufacturing and distribution campus on a 112-acre site near Spondon.
Called SmartParc SEGRO Spondon, the new facility will pave the way for the food industry to work together to meet the challenges of sustainable production and address the need for efficient direct routes to consumers.
The former Celanese site will offer manufacturing facilities, start-up units and be home to a Food Manufacturing Technology Centre of Excellence.
It is expected to create 5,000 new jobs and bring millions of pounds into the local economy.
SEGRO will provide a multi-million-pound investment to regenerate the brownfield site, while SmartParc will provide the onsite managed services, supporting the food community to increase productivity and cut costs and carbon emmissions.
A “revolutionary” energy sharing infrastructure will exploit wind and solar to deliver what is being called the most sustainable food production community in the country.
Derby City Council granted planning permission in June and agreed grant funding along with the D2N2 Local Enterprise Partnership. D2N2 allocated £12 million towards the project from the Government’s Betting Building Fund – the largest single allocation from its £44 million allocation.
A spokesman said:
SmartParc chief executive Jackie Wild said:
Andrew Pilsworth, Managing Director of national logistics at SEGRO, added: