The East Midlands Gateway (full name – the SEGRO Logistics East Midlands Gateway) is a new “inland port” developed and managed by leading firms SEGRO & Roxhill. The park will cover over 700-acres near East Midlands Airport. It is expected to create 7,250 jobs directly within the 6million sqft warehouse space, and a further 3,000 jobs indirectly. The construction phase has created over 900 jobs as companies, develop an entirely new infrastructure, and 10 large warehouse buildings.
What kind of businesses will be based there?
SEGRO and Roxhill have instructed agents Burbage Realty, Savills and CBRE to secure businesses for the new space. Confirmed occupants include Nestle, the Swiss-owned confectionery giant, who is reported to be taking a 600,000 sq ft unit.
50 acres on the park are set to include a strategic rail freight interchange (SRFI). This will include container storage, HGV parking & a rail freight terminal that will handle up to sixteen trains per day.
Although there has been no confirmation of other businesses committing to units, rumours are rife that the park is set to be home to logistic and manufacturing businesses.
What about the road situation?
Those brave enough to attempt the A453 will be aware that the roads are being developed. Whilst this has caused some disruption, the new access roads will make accessing the surrounding areas easier and safer.
The developers regularly update any traffic disturbances on their community based webpage: http://www.eastmidlandsgateway.co.uk/community/travel.php with diversions and recommendations to avoid congestion freely available to download.
What does this mean for Castle Donington businesses?
It’s hard to predict the full effect the Gateway project will have on Castle Donington businesses. At a glance, the introduction of so many new jobs may cause a boom in the local housing market. Local hoteliers, and indeed our sister company ‘DBS Serviced Apartments’, are therefore likely to benefit by providing accommodation to the decision makers attending sites. Local restaurants, bars and shops should also benefit from increased traffic – the only concern may be the lack of available parking. Already somewhat limited, the local parking may need to be extended to accommodate any growth. DBS clients needn’t worry as our car park is available 24/7.